Compute the Compound Interest

question 125

Multiple Choice

Compute the compound interest.
-How long will it take for $8900 to grow to $12,400 at an interest rate of 3.5% if the interest is compounded continuously? Round the number of years to the nearest hundredth.

• A) 3.5 yr
• B) 947.56 yr
• C) 0.95 yr
• D) 9.48 yr

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An intense emotional and physical attraction to another person, often characterized by excitement and obsession.

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