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    Solve the Problem. -What Principal Invested at 8% Compounded Continuously for 4 Years
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Solve the Problem. -What Principal Invested at 8% Compounded Continuously for 4 Years

Question 176

Question 176

Multiple Choice

Solve the problem.
-What principal invested at 8% compounded continuously for 4 years will yield $1190? Round the answer to two decimal places.


A) $1638.78
B) $1188.62
C) $864.12
D) $627.48

Correct Answer:

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