How Long (In Years) Would $700 Have to Be Invested

question 123

Multiple Choice

How long (in years) would $700 have to be invested at an annual rate of 11%, compounded continuously, to amount to $1,376? Round your answer to two decimal places. ​

• A) 7.37 years
• B) 6.76 years
• C) 7.99 year
• D) 3.69 years
• E) 6.14 years

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Definitions:

Scalp

The skin covering the skull, often bearing hair, which provides protection and supports sensory input.

Glucose Consumption

The process by which cells use glucose as a source of energy or fuel.

Active Regions

Specific areas within the brain or any biological system that are in a state of heightened activity or functioning.

Limbic Structure

A rephrased term for the Limbic System, focusing on the physical architectures that comprise this complex system involved in emotions and memory.