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How Long (In Years) Would $450 Have to Be Invested

Question 22

Multiple Choice

How long (in years) would $450 have to be invested at an annual rate of 12%, compounded continuously, to amount to $790?

A) 6.30 years
B) 4.97 years
C) 1.13 years
D) 5.68 years
E) 4.69 years

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