Investor buy lo0 Shares of a stock for $ 20,60on After 5 1S Sold tor $32,000,l If interestt is lompoond , vate of interest Jid the origınal $20,000 1nvestment eurn. Ekeprfent the ansuer af a perient to the thiree decimal places ] the stock .years Continuesly what annoal nominal Please show all steps

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Q: A loss. is the maximum amount your insurance policy will reimburse you for a covered O Insurance…

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A: We have to use compound interest series formula.

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Q: Iin 2000 US. Census, a small.city had a pop- ulation of LeO,000 by-the 2010, the population had…

A: NOTE:- AS POSTED MULTIPLE INDEPENDENT QUESTIONS WE HAVE ANSWERED FIRST QUESTION FOR YOU AS PER…

Q: Which of the following is the balance for a single $2,484 deposit in an account with an APR of 1.88%…

A: Given initial amount $2,484. Interest rate r=1.88% time t=37 years.

Q: Can you please help me with only number 11

A: Formula of Compound Interest: A=P1+rnnt where  A= Total amount P= Initial Principal Balance r= Rate…

Q: Deposits of $66.00 are made at the end of every month for 6.5 years. What will the deposits amount…

A: Please refer to the solution in next step.

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Q: Time to Double Amount After 10 Years Initial Annual % Rate Investment S10010. 3.5%

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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Q: K Ms. Jones deposited $300 at the end of each month for 20 years into a savings account earning 3%…

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Q: If a bank pays 5% compound quarterly on its passbook savings account and calculate the effective…

A: Use simple interest and compund interest formula.

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A: Simple interest = PRT/100

Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.