A $200 Investment in an Account That Pays 7% Continuous

question 87

Multiple Choice

A $200 investment in an account that pays 7% continuous interest would be worth how much in twenty years?

• A) $774
• B) $792
• C) $811
• D) $819

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Definitions:

Direct Materials Quantity

The amount of raw materials used in the production of goods, directly tied to the output.