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Multiple choice 13 of 25 An Individual opened a retirement account with 1.99% APR in the year 2000. Their initial deposit was $32,500. How much

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13 of 25 An Individual opened a retirement account with 1.99% APR in the year 2000. Their initial deposit was $32,500. How much will the account be worth in 2025 if interest compounds monthly? How much more would they make if interest compounded continuously? Round to the nearest cent. Use the compound interest formula, A(t) = P(1 + _ _)" and the compounded continuously formula, A(t) = Pert. n $53, 189.16; $260.49 $53,427.63; $22.02 $53,454.31; $4.66 $53,561.14; $111.49

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