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Please help Part 1 of 4 - Five years ago you invested R55000 into a fund which then earned an interest of 7.5% p.a. compounded

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Part 1 of 4 - Five years ago you invested R55000 into a fund which then earned an interest of 7.5% p.a. compounded monthly. Answer the following questions. Question 1 of 11 2 Points What is the difference equation that describes the specified problem? Ik + 1) = (k)(1.00625, 12t Question 2 of 11 1 Points What is an important equilibrium condition that must be satisfied in order for the difference equation in Question 1 to admit the equilibrium solution? t=5 Question 3 of 11 1 Points Click to see additional instructions State the quilibrium solution in Rands I 79931. 19246 difference equation you obtained in Question 1: Question 4 of 11 1 Points The equilibrium solution in Question 3 is O A. A Shunt B. Unstable C. Asymptotically stable Stable D. Neutrally stable E. None of the provided solutions 0 Reset Selection Part 1 of 4 - Five years ago you invested R55000 into a fund which then earned an interest of 7.5% p.a. compounded monthly. Answer the following questions. Question 1 of 11 2 Points What is the difference equation that describes the specified problem? Ik + 1) = (k)(1.00625, 12t Question 2 of 11 1 Points What is an important equilibrium condition that must be satisfied in order for the difference equation in Question 1 to admit the equilibrium solution? t=5 Question 3 of 11 1 Points Click to see additional instructions State the quilibrium solution in Rands I 79931. 19246 difference equation you obtained in Question 1: Question 4 of 11 1 Points The equilibrium solution in Question 3 is O A. A Shunt B. Unstable C. Asymptotically stable Stable D. Neutrally stable E. None of the provided solutions 0 Reset Selection

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