A promissory note will pay $50,000 at maturity 6 years from now. If you pay $28,000 for
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A promissory note will pay $50,000 at maturity 6 years from now. If you pay $28,000 for the note now, what rate compounded continuously would you earn?
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Related Book For
College Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780321945518
13th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen
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