Multiple Choice
Use this equation
and find P if the corporation needs $120,000,000 in 8 years and the fund earns 8% interest compounded continuously.
A) $110,708,538.49
B) $10,500,538.49
C) $10,708,538.49
D) $100,708,538.49
E) $1,708,538.49
Correct Answer:

Verified
Correct Answer:
Verified
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