In Six Years' Time,you Are Scheduled to Receive Money from a Trust

question 5

Multiple Choice

In six years' time,you are scheduled to receive money from a trust established by your grandparents.When the trust matures there will be $100,000 in the account.If the account earns 9% compounded continuously,how much is in the account today?

• A)$55,361.08
• B)$58,274.83
• C)$61,188.57
• D)$64,247.99
• E)$67,460.39

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