If You Invested $2,000 in an Account That Pays 12

question 100

Multiple Choice

If you invested $2,000 in an account that pays 12% interest,compounded continuously,how much would be in the account in 5 years?

• A) $3,524.68
• B) $3,644.24
• C) $3,581.70
• D) $3,200.00

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Definitions:

Plagiarism

The act of using someone else's work or ideas without proper attribution, presenting them as one's own.

Grammatical Structure

The arrangement of words and phrases to create well-formed sentences in a language, following specific rules and conventions.

Timetable

A schedule outlining the times at which certain events or activities are intended to occur.

Informal Report

A less structured report, often used for internal communication, characterized by personal tone, simplicity, and directness.