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1. An annuity of $500 per year compounded continuously earning 8% for 6 years 2. An annuity of $650 per year compounded continuously earning 8%
1. An annuity of $500 per year compounded continuously earning 8% for 6 years
2. An annuity of $650 per year compounded continuously earning 8% for 4 years
3. Comparing # and #, is it better to invest less money for a longer period of time or more money for less time (given they have the same interest rate)? .
4.An annuity of $650 per year compounded continuously earning 7% for 6 years
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