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1. For a deposit of 1.023 $ at 7,8% interest compounded continuously over 4 years, find the earned interest. a) 374,58 $ b) 1.397,58 $
1. For a deposit of 1.023 $ at 7,8% interest compounded continuously over 4 years, find the earned interest.
a) 374,58 $
b) 1.397,58 $
c) 852,58 $
d) 1.023,58 $
e) Other:
2. Suppose that you have a pension fund investment. In accordance with your investment plan, you invest 100 $ each month. This pension fund generates a monthly return of 1%. What would be the accumulated investment amount at the end of 30th year?
a) 288.642 $
b) 300.126 $
c) 325.346 $
d) 349.496 $
e) Other:
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