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    Exam 2: Compound Interest
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    How Much Money Do You Need Today in Order to Have
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How Much Money Do You Need Today in Order to Have

Question 78

Question 78

Multiple Choice

How much money do you need today in order to have $3000 in 21 months time,if interest is compounded continuously at 9%?


A) $2741.79
B) $2564.34
C) $2562.83
D) $453.22

Correct Answer:

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