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TheJag18:
(Continuously Compounded Interest MC) A first-year teacher wants to retire in 40 years. The teacher plans to invest in an account with a 5.67% annual interest rate compounded continuously. If the teacher wants to retire with at least $100,000 in the account, how much money must be initially invested? Round your answer to the nearest dollar. $10,352 $10,512 $34,703 $35,905
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Deadshot:
$10,352
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