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Suppose $28,000 is deposited into an account paying 5.25% interest, which is compounded continuously. How much money will be in the account after 4 years
Suppose $28,000 is deposited into an account paying 5.25% interest, which is compounded continuously. How much money will be in the account after 4 years if no withdrawals or additional deposits are made?
$30,904.77
$36,721.16
$34,542.99
$32,748.23
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