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(question 35) a. How much will $100 grow to if invested at a continuously compounded interest rate of 10.5% for 7 years? (Do not round
(question 35)
a. How much will $100 grow to if invested at a continuously compounded interest rate of 10.5% for 7 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Future value 208.55 b. What if it is invested for 10.5 years at 7%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Future valueStep by Step Solution
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