ECONOMICS
COMPOUND INTEREST
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Abhasra invests $8, 911 in a retirement account with a fixed annual interest rate of 7.71% compounded continuously. What will the account balance be after 20 years?
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$41, 649.38
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$51, 649.38
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$61, 649.38
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$71, 649.38
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Explanation:
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