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An initial deposit of $ 3 1 , 0 0 0 grows at an annual rate of 6 % for 2 3 years. Compare the
An initial deposit of $ grows at an annual rate of for years. Compare the final balances resulting from continuous compounding and annual compounding. Round your answers to the nearest cent. from continuous compounding $ from annual compounding $ 
An initial deposit of $ grows at an annual rate of for years. Compare the final balances resulting from continuous compounding and annual compounding. Round your answers to the nearest cent.
from continuous compounding $
from annual compounding $
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