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continuous compounding

Employment (1000)

Occupation 1998 2008

Bill Collectors 311 420

Computer engineers 299 622

Physicians assistants 66 98

Respiratory therapists 86 123

Systems analysts 617 1194

A. Use a spreadsheet, calculate the 10-year growth rate
forecast using the constant growth model with annual compounding, and the
constant growth model with continuous compounding for each occupation.

B. Compare your answers and discuss any differences.

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