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2:47 PM Tue Feb 11
66%
TON
$10,000.
The table shows the investment made by each of Mr. Mudd's children, and what hap
over the decade long friendly competition.
Child
Performance of investments over the course of the competit
Albert
$1000 earned 1.2% annual interest compounded monthly
$500 lost 2% over the course of the 10 years
$500 grew compounded continuously at rate of 0.8% annually
Marie
$1500 earned 1.4% annual interest compounded quarterly
$500 gained 4% over the course of 10 years
Hans
$2000 grew compounded continuously at rate of 0.9% annually
Max
$1000 decreased in value exponentially at a rate of 0.5% annually
$1000 earned 1.8% annual interest compounded biannually (twice a )
(Score for Question 1: _of 7 points)
NI-
1. What is the balance of Albert's $2000 after 10 years?
21 10 12
(+

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