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I invest $8000 for 16 years & earn 2.4 times the original amount at 6% p.a. compounding quarterly (every 3 months). However after an unknown number of years during the 16 year period, the rate goes down by 0.5%. When did the rates change? I have come up with the initial formula of: 2.4 =...

Hi all, Basically for my Year 12 Business Assignment I have to simulate a start up business venture. If you could please spare a couple of minutes to answer 10 multiple choice questions about my business venture it would be greatly appreciated. The survey link (SurveyMonkey) ...