Question: Payments will be made to you at a continuous rate of $100 per year for the next five years. The effective rate of interest over

Payments will be made to you at a continuous rate of $100 per year for the next five years. The effective rate of interest over this period is i = 0.05. Calculate the present value of this payment stream.

NO EXCEL

EXCEL = THUMBS DOWN

FORMULAS / SHOW WORK = THUMBS UP

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