The Fogler family deposits $8,500 into a savings account that yields 6.75% interest compounded continuously. If no additional deposits or withdrawals are made, how much money will be in the account after 25 years? Your answer: $227,338.93 $45,950.57 $38,094.36 $38.720.02.

Trigonometry (11th Edition)
11th Edition
ISBN:9780134217437
Author:Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
Publisher:Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
Chapter1: Trigonometric Functions
Section: Chapter Questions
Problem 1RE: 1. Give the measures of the complement and the supplement of an angle measuring 35°.
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The Fogler family deposits $8,500 into a savings account that yields 6.75% interest compounded continuously. If no additional
deposits or withdrawals are made, how much money will be in the account after 25 years?
Your answer:
$227,338.93
$45,950.57
$38,094.36
$38.720.02.
Transcribed Image Text:The Fogler family deposits $8,500 into a savings account that yields 6.75% interest compounded continuously. If no additional deposits or withdrawals are made, how much money will be in the account after 25 years? Your answer: $227,338.93 $45,950.57 $38,094.36 $38.720.02.
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