Invested at continuously compounded interest rate

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Reference no: EM131901201

1. How much will $100 grow to if invested at a continuously compounded interest rate of 12.5% for 9 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

2. How much will $100 grow to if invested at an annual interest rate of 12.50% for 9 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM131901201

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