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If the interest is compounded continuously, which of the following is the best estimate of...

GED GED-Mathematical-Reasoning Full Course Access
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If the interest is compounded continuously, which of the following is the best estimate of the worth of each $1.00 invested for 3 years at 6.75%?

A.

1.0725

B.

1.1801

C.

1.1841

D.

1.2245

E.

1.3231

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