If the present value of $1000 to be received in 5 years is $559.90, what rate of
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If the present value of $1000 to be received in 5 years is $559.90, what rate of interest, compounded continuously, was used to compute this present value?
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Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
Question Posted:
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