Jonathan invested $8,000 eight years ago. The interest rate on his investment changed over time. It was 3% compounded semiannually for the first three years, 5% compounded quarterly for the next two years, and 12% continuously compounded over the last 3 years. compounded continuously. What is the value of his investment now?

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A:

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Stock Market Indices

Stock indexes are used to compare the price fluctuations of a group of stocks of similar companies, which are combined based on a similar industry or a particular market capitalization limit or type of market. The price comparison is based on a pre-determined standard method or indicators. These stock indexes are usually considered a base for comparison of a particular stock, and the performance of that particular company can be easily determined.