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a. How much will $100 grow to if invested at a continuously compounded interest rate of 12.25% for 8 years? Note: Do not round intermediate

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a. How much will $100 grow to if invested at a continuously compounded interest rate of 12.25% for 8 years? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Future value $ 266.42 b. How much will $100 grow to if invested at a continuously compounded interest rate of 8% for 12.25 years? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Future value $ 252.50

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