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Todd Invested $12,000 in an Account Today at 4

Question 47

Multiple Choice
Todd invested $12,000 in an account today at 4.5 percent, compounded continuously. What will this investment be worth in 15 years?

Todd invested $12,000 in an account today at 4.5 percent, compounded continuously. What will this investment be worth in 15 years?


A) $26,203
B) $25,845
C) $24,287
D) $25,941
E) $23,568

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