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  • 15-02-2024
  • Mathematics
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Suppose $3400 is borrowed for two years at an interest rate of 8.5% per year, compounded continuously. What is the total amount owed at the end of the two years, assuming no payments are made until the end?

A) $3525.82
B) $3802.17
C) $4087.43
D) $4378.21

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