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0 Question 10 B 0/10 pts '0 3 Z 99 Q) Details Juan wants to invest $2600 in a savings account. Determine the interest rate
0 Question 10 B 0/10 pts '0 3 Z 99 Q) Details Juan wants to invest $2600 in a savings account. Determine the interest rate (simple interest) required for Juan '5 investment to double in value in 10 years. Round your answer to the nearest tenth of a percent. Question Help: El Video 8 Message instructor 0 Question 6 a 0/10 pts 0 3 8 99 O Details Find the time required for an investment of 5000 dollars to grow to 8000 dollars at an interest rate of 4.5 percent per year, compounded quarterly, Your answer is t. : C] years. You may enter the exact value or round to 3 decimal places. Question Help: El Video El Message instructor Submit Question I Question 7 B 0/10 pts 0 3 Z 99 (9 Details If $34, 400 dollars is invested at an interest rate of 7% per year, find the value of the investment at the end of 5 years for each of the following compounding methods. Round answer to the nearest cent. Do NOT type the dollar symbol or commas inside the answer box. (a) Annual: (b) Semiannual: :] (d) Continuously: :]
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