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An Investment Compounded Continuously Will Be Worth , Where

Question 41

Multiple Choice

An investment compounded continuously will be worth An investment compounded continuously will be worth   , where A is the investment in dollars, r is the annual interest rate, and t is the time in years. APY can be defined as   , the relative increase of worth in one year. Find the APY for an interest rate of 7%. Express the APY as a percent rounded to 2 decimal places. A)    B)    C)    D)   , where A is the investment in dollars, r is the annual interest rate, and t is the time in years. APY can be defined as An investment compounded continuously will be worth   , where A is the investment in dollars, r is the annual interest rate, and t is the time in years. APY can be defined as   , the relative increase of worth in one year. Find the APY for an interest rate of 7%. Express the APY as a percent rounded to 2 decimal places. A)    B)    C)    D)   , the relative increase of worth in one year. Find the APY for an interest rate of 7%. Express the APY as a percent rounded to 2 decimal places.


A) An investment compounded continuously will be worth   , where A is the investment in dollars, r is the annual interest rate, and t is the time in years. APY can be defined as   , the relative increase of worth in one year. Find the APY for an interest rate of 7%. Express the APY as a percent rounded to 2 decimal places. A)    B)    C)    D)
B) An investment compounded continuously will be worth   , where A is the investment in dollars, r is the annual interest rate, and t is the time in years. APY can be defined as   , the relative increase of worth in one year. Find the APY for an interest rate of 7%. Express the APY as a percent rounded to 2 decimal places. A)    B)    C)    D)
C) An investment compounded continuously will be worth   , where A is the investment in dollars, r is the annual interest rate, and t is the time in years. APY can be defined as   , the relative increase of worth in one year. Find the APY for an interest rate of 7%. Express the APY as a percent rounded to 2 decimal places. A)    B)    C)    D)
D) An investment compounded continuously will be worth   , where A is the investment in dollars, r is the annual interest rate, and t is the time in years. APY can be defined as   , the relative increase of worth in one year. Find the APY for an interest rate of 7%. Express the APY as a percent rounded to 2 decimal places. A)    B)    C)    D)

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