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The Ruiz family is saving to buy a new house. They have $5,000 to start a new savings account that has an interest

rate of 3.4%, compounded continuously. The family must move into the new house in 18 months. How much money
will be in the savings account after 18 months?
P=Ie^rt
a.$2711
C. $5316
b. $5262
d. $9221

User Anieka
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2 Answers

1 vote

Answer:

b on edge 2021

Explanation:

took the test :)

User Jozua
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5 votes

This answer is (B) $5262.

User HubertS
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