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Use continuous compound interest to compute the value of an investment of $1,000 at the end of 7 years at an annual rate of 9%
Use continuous compound interest to compute the value of an investment of $1,000 at the end of 7 years at an annual rate of 9% (expressed in decimals), compounded continuously.
A. $1877.51
B. $1877.61
C. $1877.91
D. $1877.41
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