Question: 19-23 please lbols Add-ons Help d SHARE 100% Normal text , | Times New 12 A $60,000 investment is compounded continuously at 5.35% for 25

19-23 please 19-23 please lbols Add-ons Help d SHARE 100% Normal text ,

lbols Add-ons Help d SHARE 100% Normal text , | Times New 12 A $60,000 investment is compounded continuously at 5.35% for 25 years? 19. 20. What is the maturity value of the investment? How much interest was earned by the investment? 21. How long will it take for a $10,000 investment to grow to $20,000 if it is compounded continuously at 43% A $8,000 CD is purchased through a local bank that pays 3.60% interest compounded quarterly for three (3) years. Calculate the maturity value 22. A fifteen (15) year $8000 CD through Bank X pays 4.96% interest compounded weekly. A fifteen (15) year CD that pays 5% interest compounded annually is available at Bank Y. Explain which bank maximize your investment. 23. You wish to retire in 30 years, so you begin a 401K program that pays $125 into your l at 7 15% interest. (Assume 401K is compounded weekly, ordinany

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