Fact1981 Fact1981
  • 12-01-2024
  • Business
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A bond offers an interest rate of 5%, compounded semi-annually. Suppose that a $1000 bond is purchased and held for 5 years. How would the graph change if the original investment were tripled?

a) no change
b) vertical translation by a constant
c) horizontal stretch
d) vertical stretch, increased rate of change

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