Question:
An investment banker deposited $50,000 in an account earning
Last updated: 7/14/2022
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An investment banker deposited $50,000 in an account earning a nominal 6% per year compounded continuously. How much was in the account at the end of three years? Round the answer to nearest dollar. Select the correct answer below: 58,861 57,861 59,861 56,861 55,861 54,861