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OpenStudy (anonymous):
If you deposit $1,000 in an account that pays 6% annual interest compounded continuously, what will the balance be after five years? A. $1,932.06 B. $1,349.86 C. $29,803.91 D. $1,232.06
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hero (hero):
Hint: Formula for continuous compound interest: \(A = Pe^{rt}\)
OpenStudy (anonymous):
i dont know how to set it up with the #s i have...
OpenStudy (anonymous):
B.
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