Question: 7 . [ 1 0 pts ] You open a savings account with an initial deposit of ( $ 2 5 0 0

7.[10 pts] You open a savings account with an initial deposit of \(\$ 2500\). You don't withdraw any funds. What is the balance after two years? Assume the account accrues interest at an APR of \(21.8\%\), compounded.... (a)...annually. (b)...monthly. (c)...continuously.
7 . [ 1 0 pts ] You open a savings account with

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