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Your best submission for each question part is used for your score. [0/10 Points] DETAILS PREVIOUS ANSWERS LARPCALC10 3.1.058.MI. MY NOTES A philanthropist deposits $8,000 in a trust fund that pays 5.5% interest, compounded continuously. The balance will be given to the college from which the philanthropist graduated after the money has earned interest for 20 years. How much will the college receive? (Round your answer to the nearest cent.) $ Submit Answer x Your best submission for each question part is used for your score. [0/10 Points] DETAILS PREVIOUS ANSWERS LARPCALC10 3.1.058.MI. MY NOTES A philanthropist deposits $8,000 in a trust fund that pays 5.5% interest, compounded continuously. The balance will be given to the college from which the philanthropist graduated after the money has earned interest for 20 years. How much will the college receive? (Round your answer to the nearest cent.) $ Submit Answer x
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