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Mathematics, 01.04.2021 22:10 jose477

An initial investment of $350 earns $65.27 of interest after six years in a Certificate of Deposit (CD) where interest is compounded continuously. Which
of the following represents the interest rate of the CD?
A. -28.0%
B. 2.72%
C. 2.85%
D. 17.1%

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Answers: 2

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