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annual interest rate

/in /by

Question

a.  How much will $100 grow to if invested at a continuously

compounded interest rate of 11.75% for 9 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Future Value $

b. How much will $100 grow to if invested at an annual interest rate of 11.75% for 9 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Future Value $

 
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