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deo Remaining Time: 53 minutes, 41 seconds. Question Completion Status: ts d QUESTION 1 All else equal, your wealth will grow faster if the interest

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deo Remaining Time: 53 minutes, 41 seconds. Question Completion Status: ts d QUESTION 1 All else equal, your wealth will grow faster if the interest rate is 10% and compounding is 2. Continuous b. Daily Weekly Od. Monthly QUESTION 2 You have just deposited $10,000,000 in a bank account that pays 8.2% annually compounded. You intend not to touch the money until the amount in the account is $30,000,000. How long will you have to wait, approximately O a. 5 years b. 15 years Oc. 14 years od. 7 years oe 2 years Chek Save and Submitted

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