If you were to place $5,000 in a savings account that pays 6% interest compounded...

C

Candace

Member
Jun 3, 2008
64
0
6
...continuously, how much money? will you have after 4 years? Assume you make no other deposits or withdrawls.

A. $6,312.38
B. $11,821.07
C. $6,356.25
D. $5,024
 

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