5. Megan invests her savings Po into a brokerage account that claims to payout a nominal interest rate r. Answer the following questions. a. If the account is compounded annually and the amount doubles after 10 years, what is the nominal interest rate. b. If the account is compounded continuously, with a nominal interest rate of 6% and after 5 years reaches a balance of $5,000, what was the initial investment Po?

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