Question: Use the compound interest formula for continuous compounding to determine the accumulated balance after the stated period. 2) A $$ 6958$ deposit in an

Use the compound interest formula for continuous compounding to determine the accumulated

  

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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