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a. How much will $100 grow to if invested at a continuously compounded interest rate of 8% for 8 years? (Do not round intermediate calculations.

a.How much will $100 grow to if invested at a continuously compounded interest rate of 8% for 8 years?(Do not round intermediate calculations. Round your answer to 2 decimal places.)

Future value

$

b.What if it is invested for 8 years at 8%?(Do not round intermediate calculations. Round your answer to 2 decimal places.)

Future value

$

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