Question: Problem 2 (8%) The continuously compounded interest rate is 10%. a. You invest 1,000 at this rate. What is the investment worth after 6 years?

Problem 2 (8%) The continuously compounded interest rate is 10%. a.

Problem 2 (8%) The continuously compounded interest rate is 10%. a. You invest 1,000 at this rate. What is the investment worth after 6 years? b. How much will you need to invest to receive 6,000 after 4.5 years

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