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An investment promises 5% interest compounded quarterly. You invest $2000. Calculate the value of the investment in 10 years. Show your work and explain what

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An investment promises 5% interest compounded quarterly. You invest $2000. Calculate the value of the investment in 10 years. Show your work and explain what this means. An investment promises 5% interest compounded quarterly. You invest $2000. Calculate the instantaneous rate of change of the investment in 10 years. Show your work and explain what this means. An investment promises 5% interest compounded quarterly. You invest $2000. Calculate the effective rate of this investment. Show your work and explain what this means. Voice Thread Discussion Question: An investment promises 5% interest compounded quarterly. You invest $2000. What is the effect of the number of compounds on the effective interest rate? The graph (in red) shows the effective rate as the number of compounds increases. What conclusion can you reach? What is the effective rate approaching, shown in blue? 10. refs= (1 + 0,05)"- - 1 To Effective Rate dos 10000 2000 14000 Number of compounds, m An investment promises 5% interest compounded quarterly. You invest $2000. Your goal is to double your $2000 investment in 10 years. How much will your investment be worth in 10 years? What interest rate, compounded continuously, would double your $2000 investment in 10 years? Show your work

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