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if you can do the bonus #16 please do that, it would be very helpful, thank you! 15. An inheritance if $11,500 is invested at

if you can do the bonus #16 please do that, it would be very helpful, thank you! image text in transcribed
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15. An inheritance if $11,500 is invested at 5% compounded monthly for 25 years. Another inheritance of $10,250 is invested at 9% compounded quarterly 25 years. (a) Find the total compound amount of the two investments, (b) Find the total amount of interest earned. (c) (all or nothing 5 bonus points) If the two inheritances were combined into a single investment, what effective rate will yield the same interest as obtained in (15b). 16. (All or nothing 10 Bonus Points): Mickey Mouse invested $100.000 in three accounts for 5 years. The annual rates of the accounts are, respectively, 5% compounded monthly, 6% compounded quarterly and 8% compounded continuously. The total interest Mickey earned at the end of 5 years is equivalent to an effective rate 6%. If he invested the same amount of money in the higher interest rate accounts, find how much he invested at each rate. Round your final answers to the nearest dollar

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