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An initial deposit of $ 4 0 , 0 0 0 grows at an annual rate of 6 % for 2 3 years. Compare the

An initial deposit of $40,000 grows at an annual rate of 6% for 23 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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