a 3-year annuity pays $20,000 a year semi-annually and $200,000 at the end of the 3 years.

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a 3-year annuity pays $20,000 a year semi-annually and $200,000 at the end of the 3 years. what is the present value of this annuity if the continuously compounded interest rate is 6%?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Sep 29, 2022 04:26 AM

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a 3-year annuity pays $20,000 a year semi-annually and $200,000 at the end of the 3 years.

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Step 13 Effective annual rate if continuously compounded ei1 271830061 618... View the full answer

Principles of Finance

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