Solve the problem. Round to the nearest cent.Cindy will require $12,000 in 5 years to return to college to get an MBA degree. How much money should she ask her parents for now so that, if she invests it at  compounded continuously, she will have enough for school?

A. $3994.45
B. $7121.42
C. $6923.40
D. $20,799.04


Answer: C

Mathematics

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C.
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