The Value of an Investment Is Presently $9186

question 15

Multiple Choice

The value of an investment is presently $9186.79. It had been paying 8% compounded continuously since the investment was made 10 years ago. How much was invested originally?

• A)$3699.15
• B)$4127.89
• C)$5076.14
• D)$5973.34
• E)$1456.01

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Definitions:

Children Each Year

A reference to the number or data related to children that is compiled or noted on an annual basis.

United States

A country in North America consisting of 50 states and a federal district, known for its diverse culture and significant influence on global affairs.

Emotional Support

Assistance provided in the form of empathy, concern, affection, or love to someone who needs it.

Middle Childhood

A developmental stage that covers the period from around the age of 6 to puberty, involving significant growth in social, cognitive, and emotional areas.