Question: Compute the future value of $1,000 continuously compounded for a. 5 years at a stated annual interest rate of 12 percent. b. 3 years at
Compute the future value of $1,000 continuously compounded for a. 5 years at a stated annual interest rate of 12 percent. b. 3 years at a stated annual interest rate of 10 percent. c. 10 years at a stated annual interest rate of 5 percent. d. 8 years at a stated annual interest rate of 7 percent
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