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An investor invests P in a fund for a five year investment period. The investor expects the initial investment to grow by an annual continuously
An investor invests P in a fund for a five year investment period. The investor expects the initial investment to grow by an annual continuously compounded rate of =.07 over the five years. After the first two years, the her investment has only grown by an annual continuously compounded rate of =.05. What annual continuously compounded rate over the last three years is needed so that the investor's expectations are met for the five year investment period? (four decimal places)
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