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Suppose you place $55 in a bank account that earns 6% interest. How much would you have accumulated in the account after 2 years if
Suppose you place $55 in a bank account that earns 6% interest. How much would you have accumulated in the account after 2 years if the bank offers interest paid continuously? Place your answer in dollar and cents. Do not use a dollar sign or comma in your answer. Use at least four places of accuracy in your analysis.
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