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7 A building was bought for $170,000 and sold 14 years later for $330,000. What interest rate (compounded continuously) was earned on the investment? interest

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A building was bought for $170,000 and sold 14 years later for $330,000. What interest rate (compounded continuously) was earned on the investment? interest rate, and t is the time period. What is the formula for continuous compound interest? O A. A= 1+- OB. A=Pert OC. A=Ptent OD. A=Pert Substitute the given values of A, P, and t into the formula. (Do not include the $ symbol in your answer.) What is the next logical step to solve this equation for r? A. Divide both sides of the equation by 330,000. O B. Divide both sides of the equation by e "(14). O c. Take the natural log of both sides of the equation. O D. Divide both sides of the equation by 170,000. Apply the next logical step found above and continue the calculations to solve for r. - e 14r (Simplify your answer, Type an integer, proper fraction, or mixed number.) Take the natural log of both sides. Simplify the right side. 33 In

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