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An Investment of $7,000 Earns 6% Interest, Compounded Continuously

Question 24

Multiple Choice

An investment of $7,000 earns 6% interest, compounded continuously. What will the investment be worth in 8 years?

A) $11,293.52
B) $11,313.71
C) $11,309.36
D) $11,312.52
E) $11,301.86

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