Answer is C $1,000 is deposited annually into an account that pays 4% nominal...
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Accounting
Answer is C
$1,000 is deposited annually into an account that pays 4% nominal interest, compounded continuously. Approximately how much will be in the account at the end of 4 years? a. $4,000 b. $4,143 c. $4,252 d. $4,679
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