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Give a financial interpretation of the statements

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Question: Investing $1000 at an annual interest rate of r%, compounded continuously, for 10 years gives you a balance of $B, where B = g(r). Give a financial interpretation of the statements:

(a) g(5) ≈ 1649.

(b) g (5) ≈ 165. What are the units of g'(5)?

Reference no: EM131602383

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