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Posted on Oct 19, 2024

An investment will pay you $ 1 1 , 2 0 0 in 1 4 years. The stated interest rate is 1 1 % (

An investment will pay you $

11, 200

14

years. The stated interest rate is

11 % (

APR

) .

If interest is compounded continuously, what is the present value?

Enter your response below rounded to two decimal places.

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