Solved

How Much Money, Invested at an Interest Rate of 11

Question 91

Multiple Choice

How much money, invested at an interest rate of 11% per year compounded continuously, will amount to $105,000 after 15 years?

A) $20,165.24
B) $117,209.20
C) $5,467.33
D) $40,330.48
E) $104,983.26

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