Solve the Problem. -Suppose Your Great-Great Grandmother Invested $700 Earning 3.6% Interest Compounded

question 51

Multiple Choice

Solve the problem.
-Suppose your great-great grandmother invested $700 earning 3.6% interest compounded continuously 120 years ago. How much would her investment be worth today? Round to the nearest cent.

• A)$52,632.04
• B)$52,620.80
• C)$818.18
• D)$52,620.83

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