Find the present value of $8,000 payable 10 years from now if the annual interest rate is

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Find the present value of $8,000 payable 10 years from now if the annual interest rate is 6.25% and interest is compounded:

a. Semiannually

b. Continuously

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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Question Posted: Jun 19, 2023 09:04 AM

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Find the present value of $8,000 payable 10 years from now if the annual interest rate is

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a b 00625 ...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

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