Suppose you deposit $8,400 in an account with an annual interest rate of 6.2% compounded quarterly. If

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Suppose you deposit $8,400 in an account with an annual interest rate of 6.2% compounded quarterly. If the interest were compounded continuously, how much money would the account be worth after 14 years (round to the nearest penny)?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jun 17, 2023 04:17 AM

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Suppose you deposit $8,400 in an account with an annual interest rate of 6.2% compounded quarterly. If

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Principles of Finance

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