A man with $20,000 to invest decides to diversify his investments by placing $10,000 in an account
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A man with $20,000 to invest decides to diversify his investments by placing $10,000 in an account that earns 7.2% compounded continuously and $10,000 in an account that earns 8.4% compounded annually. Use graphical approximation methods to determine how long it will take for his total investment in the two accounts to grow to $35,000.
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Related Book For 
College Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780321945518
13th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen
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