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What is the future value of $20,000 invested for 20 years at a nominal interest rate of 9 percent compounded continuously? a. $108,894 b. $112,088
What is the future value of $20,000 invested for 20 years at a nominal interest rate of 9 percent compounded continuously?
a. $108,894
b. $112,088
c. $147,781
d. $120,993
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