You are schedule to receive 10000 in two years when you
You are schedule to receive $10,000 in two years. When you receive it, you will immediately invest it for six more years in a savings account that earns 5% annually. How much money will you have in eight years?
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can you help me answer section b of this question i already answered section a-1 and a-2 and they came out as right
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recall the mechanism behind continuous compounding the whole period is divided into increasing numbers of smaller and
you are schedule to receive 10000 in two years when you receive it you will immediately invest it for six more years in
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