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If Juan Deposits $4200 in a Savings Account That Earns

Question 119

Multiple Choice

If Juan deposits $4200 in a savings account that earns 2.3% compounded continuously, how much money should he expect to be in the account in 3 years? Round your answer to two decimal places.


A) $300.03
B) $4500.03
C) $4489.80
D) $12,889.80

Correct Answer:

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