If you receive $15,000 today and can invest it at a 4.25% annual rate compounded continuously, what will be your ending value after 20 years?

A. $41,060.80
B. $43,517.43
C. $35,094.70
D. $28,426.71
E. $36,849.44


Answer: C

Business

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What will be an ideal response?

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