1. Mr. Raj invested his money amounting to 500,000 in an investment which offers 4% compounded quarterly. a. Find the total amount in his investment after 3 years. b. If Mr. Raj opted to invest all...

Extracted text: 1. Mr. Raj invested his money amounting to 500,000 in an investment which offers 4% compounded quarterly. a. Find the total amount in his investment after 3 years. b. If Mr. Raj opted to invest all his money in a bank that offers 4% compounded continuously, how much wii he receive at the end of 3 years? C. Which do you think is a better investment for him after 3 years: investing 500,000 at 4% compounded quarterly or at 4% compounded continuously?