Question 6 Jane invests $5,757 in an account that earns an annual interest rate of 2%. What will be the balance of the account in 16 years if the interest is compounded continuously? A $7,928.12 B $7,926.01 C $141,233.78 D $5,944.20 57

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question 6
Jane invests $5,757 in an account that earns an annual interest rate of
2%. What will be the balance of the account in 16 years if the interest
is compounded continuously?
A $7,928.12
B
$7,926.01
C $141,233.78
D $5,944.20
ŏ oo
of 6 Total Questions Answered
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V
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Transcribed Image Text:Question 6 Jane invests $5,757 in an account that earns an annual interest rate of 2%. What will be the balance of the account in 16 years if the interest is compounded continuously? A $7,928.12 B $7,926.01 C $141,233.78 D $5,944.20 ŏ oo of 6 Total Questions Answered All Changes Saved V < Cont
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