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1. If you deposit $1,000 at the end of year 1 and increment the deposit by $100 for the next 4 years, how much money

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1. If you deposit $1,000 at the end of year 1 and increment the deposit by $100 for the next 4 years, how much money will you have at the end of 5 years in the following scenario? - 9% interest per year compounded continuously. 2. What do you think is a real-life application of continuous compounding

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