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You have your choice of two investment accounts. Investment A is a 1 2 - year annuity that features end - of - month $
You have your choice of two investment accounts. Investment A is a year annuity that features endofmonth $ payments and has an interest rate of percent compounded monthly. Investment B is a percent continuously compounded lump sum investment, also good for years.
How much money would you need to invest in B today for it to be worth as much as Investment A years from now?
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