How long will it take for $99,000 to grow to $45,700 at an interest rate of 12.4% if the interest compounded continuously? Round the number of years to the nearest hundredth.
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(99000 x 0.124 x t)+99000=45700
That answer that you came up with is not an option in the answers. Your choices are 1.23, 1233.52, .68, or 12.34
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