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Mathematics, 07.07.2021 22:10 alexreddin3127

Mark is planning to make a trip and he stimates it wll cost him $1340 (future value). For this, he invests a capital of $C (present value) into a savings account at an annual interest rate of 24%, compounded quarterly, for a certain time in wich his investment grows 60%. Determine the invested capital, if the remainig time Mark deposits his money in a bank that capitazes his money continuously at an annual interest rate of 6%.

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Mark is planning to make a trip and he stimates it wll cost him $1340 (future value). For this, he i...

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