A continuous uniform series of deposits totaling $1,000 per year are made into a fund paying 10

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A continuous uniform series of deposits totaling $1,000 per year are made into a fund paying 10 percent compounded continuously.

a. What will the fund amount to after 7 years?

b. What is the present worth equivalent of the total set of deposits?

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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Question Posted: Mar 26, 2024 01:01 AM

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A continuous uniform series of deposits totaling $1,000 per year are made into a fund paying 10

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To solve the problem well use the following information Uniform series of deposits per year 1000 Int...View the full answer

Principles Of Engineering Economic Analysis

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