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Solve the Problem. -If $5000 Is Invested at 5.25% Compounded Continuously, What Is

Question 2

Multiple Choice

Solve the problem.
-If $5000 is invested at 5.25% compounded continuously, what is the amount in the account after 10 years?


A) $8452.29
B) $8442.52
C) $7625.00
D) $7420.65

Correct Answer:

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