Mathematics, 29.06.2019 20:30 KindaSmartPersonn
Suppose that $18,000 is invested in a bond fund and the account grows to $23,344.74 in 5 yr. a. use the model a = pert to determine the average rate of return under continuous compounding. round to the nearest tenth of a percent. b. how long will it take the investment to reach $30,000 if the rate of return continues? round to the nearest tenth of a year
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Suppose that $18,000 is invested in a bond fund and the account grows to $23,344.74 in 5 yr. a. use...
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