If you invest $7,000 at 12% compounded continuously, how much would it be worth in three years?

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If you invest $7,000 at 12% compounded continuously, how much would it be worth in three years?
(a) $9,449
(b) $4,883
(c) $10,033
(d) $9,834
(e) $2,520

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: May 17, 2016 05:49 AM

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If you invest $7,000 at 12% compounded continuously, how much would it be worth in three years?

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Engineering Economy

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