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How many years will it take for option b to have the same

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Question1:

Option A: Invest $18001800 for 5 years at 2323% p.a. compounded monthly for the first 2 years then 2222% p.a., compounded semi-annually for the remaining period. No compounding occurs after year 5.

Option B: Invest $18001800 at 99% p.a. compounded continuously.

How many years will it take for option B to have the same future value as Option A?

Reference no: EM133129950

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