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7 possn e An initial investment amount P, an annual interest rate r. and a time t are given. Find the future value of the

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possn e An initial investment amount P, an annual interest rate r. and a time t are given. Find the future value of the investment when interest is compounded (a) annually. (b) monthly, (c) daily, and (d) continuously. Then nd (a) the doubling time T for the given interest rate. P=$350, r=2.35%, t= 1'4 yr a) The future value of the investment when interest is compounded annually is $D. \"-1 (Type an integer or a decimal. Round to the nearest cent as needed.) b) The future value of the investment when interest is compounded monthly is $D. (Type an integer or a decimal. Round to the nearest cent as needed.) 3 c) The future value of the investment when interest is compounded daily is $D. . 3'. (Type an integer or a decimal. Round to the nearest cent as needed.) a} is d) The future value of the investment when interest is compounded continuousiy is $D. (Type an integer or a decimal. Round to the nearest cent as needed.) 9) Find the doubling time for the given interest rate. T=Dyr '1 (Type an integer or decimal rounded to two decimal places as needed.) ..,i-,'.'.""" f

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