A note will pay $20,000 at maturity 10 years from now. How much should you be willing
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A note will pay $20,000 at maturity 10 years from now. How much should you be willing to pay for the note now if money is worth 5.2% compounded continuously?
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Let the principal money be P At 52 compoundi...View the full answer
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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