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1. [10 Points] You are planning to purchase your first electric car worth $65,000 right after your graduation (in 4 years). Compute the nominal annual

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1. [10 Points] You are planning to purchase your first electric car worth $65,000 right after your graduation (in 4 years). Compute the nominal annual interest rate required for a $35,000 investment to grow to $65,000 in 4 years if interest is compounded continuously

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