How Much Money, Invested at an Interest Rate of 11

question 91

Multiple Choice

How much money, invested at an interest rate of 11% per year compounded continuously, will amount to $105,000 after 15 years?

• A)$20,165.24
• B)$117,209.20
• C)$5,467.33
• D)$40,330.48
• E)$104,983.26

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