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Find the value of an investment of $19,545 for 12 years at an annual interest rate of 4.64% compounded continuously. Karen wishes to have $18,286
Find the value of an investment of $19,545 for 12 years at an annual interest rate of 4.64% compounded continuously. Karen wishes to have $18,286 cash for a new car 9 years from now. How much should be placed in an account now, if the account pays 5.1% annual interest rate, compounded weekly? Question 14 7.14 pts Suppose Matt has invested in a mutual fund that is compounded annually at 12.62%. How long will it take the money invested to double? (Round up to the nearest year)
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