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An aunt wants to make a gift of $100,000.00 to their niece's for her college education on her 21st birthday. How much would have been
An aunt wants to make a gift of $100,000.00 to their niece's for her college education on her 21st birthday. How much would have been invested on the day of their niece's birth if their investment could earn: a) 9% compounded continuously? $ . (Round to 2 decimal places.) b) 9.5% compounded continuously? $ . (Round to 2 decimal places.)
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