Question: 24. A promissory note will pay $58,000 at maturity 8 years from now. If you pay $30,000 for the note now, what rate compounded continuously

24. A promissory note will pay $58,000 at maturity 8 years from now. If you pay $30,000 for the note now, what rate compounded continuously would you earn?

he investment would earn about ___ here% compounded continuously

25. How long will it take money to triple if it is invested at 8% compounded weekly? 5.6% compounded continuously?

Part 1 It will take about __ years at 8% compounded weekly.

(Round to two decimal places as needed.)

It will take about __years at 5.6% compounded continuously

Please help with both questions.

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