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Suppose you want to start saving for retirement. You decide to continuously invest $10000 of your income each year in a risk-free investment with
Suppose you want to start saving for retirement. You decide to continuously invest $10000 of your income each year in a risk-free investment with a 5% yearly interest rate, compounded continuously. If y is the value of the investment, and t is in years: = 500*e^(0.05y) Your answer should be in terms of y. You start investing at t = 0 so y(0) = 0. y(t)=200000(e^(0.05t)-1) What is the size of your investment after 35 years. y(35) = 950920
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