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Solve the Problem. -What Will the Value of an Account (To the Nearest

Question 11

Multiple Choice

Solve the problem.
-What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0% interest compounded continuously?


A) $159.38
B) $161.61
C) $849.47
D) $175.32

Correct Answer:

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