Find the level effective rate of interest over a two year period which is equivalent to an effective rate of discount of 3.8% in the first year, an effective rate of interest of 3.8% in the second year. (four decimals) Answer: Find the accumulated value of 625 at the end of 6 years, where the effective rate of interest for the kth year is 1+ik=1.02k. (nearest cent) Answer: 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)