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What rate of interest (in percent form, not decimal form) compounded continuously was earned by a painting purchased for $1000 in 2000 and then
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What rate of interest (in percent form, not decimal form) compounded continuously was earned by a painting purchased for $1000 in 2000 and then resold for $1,300,000 in 2020? Round to the nearest tenth of a percent and just enter the number. Your Answer: Answer Question 10 (10 points) Refer to Section 5 in the Course Notes How much would you need to invest today at 7% compounded continuously if you will need $50,000 in 13 years for a down payment on a house? Round to the nearest cent, and just enter the number YourStep by Step Solution
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