If $500 is invested at an annual interest rate of 6.5% compounded continuously, how much is available after 8 year? Select one: a. $526.69 b. $841.01 c $827.50 d. $341.01

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asked Nov 3, 2021 41.7k views

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If $500 is invested at an annual interest rate of 6.5% compounded continuously, how much is available after 8 year?

Select one:
a. $526.69
b. $841.01
c $827.50
d. $341.01

Mathematics
middle-school

New Moon asked

by New Moon

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2 Answers

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The answer would be C.

Tamrat answered Nov 3, 2021

by Tamrat

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6 votes

C would be the answer

Gorokizu answered Nov 8, 2021

by Gorokizu

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