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Business, 08.04.2020 04:30 katherineweightman
Stock in an industry that is very sensitive to economic conditions is more likely to pay ahigher average return than stock in an industry that is relative insensitive to economic conditions.
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Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?
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