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Suppose you just deposited $1,000 in a new financial institution that offers continuous compounding on all deposits. If you earn 7% annual interest on your
Suppose you just deposited $1,000 in a new financial institution that offers continuous compounding on all deposits. If you earn 7% annual interest on your deposit, how much will you have in the account in 10 years? $2,014 $2,002 $2,010 $1,967 $508
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