Multiple Choice
Solve the problem.
-Jennifer invested $6000 in her savings account for 7 years.When she withdrew it,she had $9004.82.Interest was compounded continuously.What was the interest rate on the account? Round to the nearest tenth of a percent.
A) 5.7%
B) 5.95%
C) 5.9%
D) 5.8%
Correct Answer:
Verified
Correct Answer:
Verified
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