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Question 10 5 points Save Answer The annual return rate of an investment account follows a continuous uniform distribution between -3% and 6%, which is
Question 10 5 points Save Answer The annual return rate of an investment account follows a continuous uniform distribution between -3% and 6%, which is realized at the beginning of each year, starting from Year-2 onward. The return rate will be applied to the account balance in the last year plus the contribution made in the last year. Positive returns will be reinvested. Suppose you invest $1000, S2000, $3000, $4000, $5000, respectively at beginning of Year 1 to Year 5. Simulate one single instance of the value of the investment at the beginning of the 6th year, after the return rate of Year-6 is realized. Set the seed as 100. Round your answer to 2 decimal places A Moving to the next question prevents changes to this answer. Question 10 of 20 ENG cx
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