Random Investment. An investor has $100,000. If the current interest rate is i% (compounded continuously so that the grow per year is exp(i/100)), he invests his money in a i year CD, takes the profits and then reinvests the $100,000. Suppose that the kth investment leads to an interest rate Xk which is uniform on {1, 2, 3, 4, 5}. In the long run how much money does he make per year.

Respuesta :

Answer:

$4017.14

Step-by-step explanation:

Please see attachment .

Ver imagen sakhilemdletshesm

Answer:

B

Step-by-step explanation: