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AccordingtotheInternationalInstituteofSocialHistory ( Amsterdam ) , the amount of money used to purchase Man hattan Island in 1 6 2 6 is valued at $ 1
AccordingtotheInternationalInstituteofSocialHistory Amsterdam the amount of money used to purchase Man hattan Island in is valued at $ in terms of todays dollars. If that amount were instead invested in an account that pays per annumwithcontinuous compounding, what would be the value of the investment in Compare with the case that interest is paid at per annum.
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