How Much More Interest Will Be Earned If $7,000 Is

question 320

Multiple Choice

How much more interest will be earned if $7,000 is invested for 9 years at an annual rate of 9% compounded continuously,instead of at 9% compounded quarterly? Round your answer to the nearest cent.

• A) $47.49
• B) $93.15
• C) $140.64
• D) $2,924.71
• E) $3,017.87

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Definitions:

Antipsychotic Drugs

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Antisocial Personality Disorder

Antisocial Personality Disorder is a mental health disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others, including manipulative, deceitful, or aggressive behavior.

Rights of Others

Encompasses the legal and moral entitlements that individuals have in relation to the treatment, privacy, and respect from others.