Use the compound interest formula for continuous compounding to determine the accumulated balance after the stated...
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Use the compound interest formula for continuous compounding to determine the accumulated balance after the stated period. 2) A $\$ 6958$ deposit in an account with an APR of $6.5 \%$ compounded continuously for 4 years. A) $\$ 9005.20$ B) $\$ 9024.04$ C) \$8951.23 D) \$9362.68 2) CS. VS. 1325 Use the compound interest formula for continuous compounding to determine the accumulated balance after the stated period. 2) A $\$ 6958$ deposit in an account with an APR of $6.5 \%$ compounded continuously for 4 years. A) $\$ 9005.20$ B) $\$ 9024.04$ C) \$8951.23 D) \$9362.68 2) CS. VS. 1325
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