Business
Business, 09.07.2021 01:00, xxchosenxx2954

One thousand dollars is invested at 5% continuous annual interest. this means the value of the investment will grow exponentially, with k equaling the decimal rate of interest. What will the value of the investment be after 7 1/2 years? a. $1, 375.00.
b. $375.00.
c. $1, 454.99.
d. $454.99.

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Answers: 2

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One thousand dollars is invested at 5% continuous annual interest. this means the value of the inves...

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