7) At what interest rate would a deposit of $50,000 grow to $111,277 in 25 years with continuous compounding? A) 3.2% B) 6.2% C) 1.2% D) 4.2%

7) At what interest rate would a deposit of $50,000 grow to $111,277 in 25 years with continuous compounding?

A) 3.2%
B) 6.2%
C) 1.2%
D) 4.2%

1 Answer

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