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Author Question: Which of the following options would you choose to invest your money in: I. 6% APR compounded yearly ... (Read 107 times)

burton19126

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on: May 5, 2020

Question 1

Find the salary in 2006 dollars that would be equivalent to a $100,000 salary in 2018. Assume an average annual inflation rate of 3.75% between 2006 and 2018. Round your answer to the nearest cent.
◦ $68,127.00
◦ $66,179.00
◦ $64,289.90
◦ $66,778.33
◦ $69,202.05

Question 2

Which of the following options would you choose to invest your money in:
I. 6% APR compounded yearly
II. 5.25% APR compounded monthly
III. 4.75% APR compounded continuously?
◦ II
◦ none of these
◦ III
◦ I
◦ I and III
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by burton19126 on May 5, 2020

stanleka1

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Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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burton19126

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Reply 2 on: May 5, 2020
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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