Compute the future value of $4,250 continuously compounded for: a. 9 years at an APR of 12
Question:
Compute the future value of $4,250 continuously compounded for:
a. 9 years at an APR of 12 percent.
b. 5 years at an APR of 8 percent.
c. 17 years at an APR of 5 percent.
d. 10 years at an APR of 9 percent.
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To compute the future value of an investment compounded continuously you can use the following formu...View the full answer
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Jinah Patricia Padilla
Had an experience as an external auditor in Ernst & Young Philippines and currently a Corporate Accountant in a consultancy company providing manpower to a 5-star hotel in Makati, Philippines, Makati Diamond Residences
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Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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