cody3me2ganaibwag cody3me2ganaibwag

21-11-2016
Mathematics

Answered

If you deposit $900 in an account that pays 5% annual interest compounded continuously, what will the balance be after seven years?

A$1,832.06
B$1,277.16
C$932.06
D$29,803.91 ...?

Verified Answer :

21-11-2016

The answer is B.$1,277.16

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syed514 syed514

23-11-2016

The right answer is B option. This is too close to my calculations.

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