Solve the problem.How long will it take for $8800 to grow to $11,200 at an interest rate of 3.3% if the interest is compounded continuously? Round the number of years to the nearest hundredth.

A. 0.73 yr
B. 3.3 yr
C. 7.31 yr
D. 730.79 yr


Answer: C

Mathematics

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A.

B.

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