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    Contemporary Financial Management Study Set 2
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    Exam 6: Continuous Compounding and Discounting
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    What Is the Value of $10,000 Invested for 1 Year
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What Is the Value of $10,000 Invested for 1 Year

Question 8

Question 8

Multiple Choice

What is the value of $10,000 invested for 1 year at 8% compounded continuously?


A) $10,800
B) $10,833
C) $10,824
D) $11,268

Correct Answer:

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