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20. Investment (a) On November 1, 1996, Ms. Rodgers invested $10,000 in a 10-year certificate of deposit that paid interest at the annual rate of

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20. Investment (a) On November 1, 1996, Ms. Rodgers invested $10,000 in a 10-year certificate of deposit that paid interest at the annual rate of $% compounded continuously, When the certificate matured on November 1, 2006. she reinvested the entire accumulated amount in corporate bonds, which earn interest at the rate of $% compounded annually. To the nearest dollar, what will be Ms. Rodgers's accumulated amount on November 1. 2011? (b) If Ms. Rodgers had made a single investment of $10,000 in 1996 that matures in 201 1 and has an effective rate of interest of 4.5%, would her accumulated amount be more or less than that in part (a) and by how much (to the nearest dollar)

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