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Solve the Problem. -Find the Interest Earned at 5% Compounded Continuously for Two

Question 77

Multiple Choice

Solve the problem.
-Find the interest earned at 5% compounded continuously for two years by a continuous income stream with rate flow of f(t) = 1250. (Round answer to the nearest dollar.)


A) $22,621
B) $2629
C) $129
D) $2379

Correct Answer:

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