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
Answer: C
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