wolfy2465 wolfy2465

11-01-2023
Mathematics

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After 16 years in an account with a 5.9% annual interest rate compounded continuously, an investment is worth a total of $37,950.24. What is the value of the principal investment? Round the answer to the nearest penny. $14,765.24 $14,859.72 $23,185.00 $23,090.52

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