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Jackson Deposited $5,000 at 3

Question 15

Multiple Choice

Jackson deposited $5,000 at 3.8% interest,compounded continuously,when he was 18 years old.How much will be in the account when he is 40 years old if he made no other deposits or withdrawals?


A) $19,000.19
B) $11,535.60
C) $10,691.38
D) $8,800.00

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