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How much will $100 grow to if invested at a continuously-(Answered)

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Question

How much will $100 grow to if invested at a continuously compounded interest rate of 9.25% for 9 years? What is the future value?


??Future value
$???


b.

What if it is invested for 9.25 years at 9%??(Do not round intermediate calculations. Round your answer to 2 decimal places.) ?What is the future value?


??Future value $???


 

Paper#9256528 | Written in 27-Jul-2016

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