The future value S of an investment earning 7% compounded continuously is a function of the principal P and the length of time t that the principal been invested. It is given by . Find the future value of $42,000 invested for 30 years.
?

A. $45,045.34
B. $343,326.42
C. $300,979.14
D. $8.17
E. $342,979.14

Answer: E

Mathematics

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