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Exponential and Logarithmic ModelsQ1: How much...

Exponential and Logarithmic ModelsQ1:

How much would you need to deposit in an account now in order to have $6000 in the account in 10 years? Assume the account earns 4.1% interest compounded monthly.Q2:

How much would you need to deposit in an account now in order to have $2000 in the account in 15 years? Assume the account earns 2.7% interest compounded continuously.

How much would you need to deposit in an account now in order to have $6000 in the account in 10 years? Assume the account earns 4.1% interest compounded monthly.Q2:

How much would you need to deposit in an account now in order to have $2000 in the account in 15 years? Assume the account earns 2.7% interest compounded continuously.

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