An investment banker deposited $50,000 in an account earning a nominal 6% per year compounded continuously. How much was in the

Question

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

Kunduz · Accepted Answer

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