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Management Studies

1. Continuous compound interest. How many years (to two decimal places) will it take an investment of $35,000 to grow to $50,000 if it is invested at 4.75% compounded continuously?

2. Continuous compound interest. How many years (to two decimal places) will it take an investment of $17,000 to grow to $41,000 if it is invested at 2.95% compounded continuously?

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