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1 . 1 You sider the following two accounts for an investment of $ 5 0 0 , 0 0 0 for 9 years: With

1.1 You sider the following two accounts for an investment of $500,000 for 9 years:
With an annual rate of 6% with continuous compounding.
With an annual rate with quarterly compounding that will yield the same amount as
in account 1 after 9 years.
Calculate the annual rate with quarterly compounding that is used in account 2.
1.2 A T-bill matures in exactly 219 days. It's face (par) value is $1,000.00. The T-bill
trades right now for $970.4455.
Calculate the annual rate on the T-bill. Use continuous compounding.
1.3 You invest $100,000.00 in an account that pays an annual rate of 8% with
continuous compounding? Calculate the amount of time that it will take for your
account to have $300,000 in it. The answer may not be an integer.
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