Question: Present value. A promissory note will pay $ 7 0 , 0 0 0 at maturity 1 0 years from now. How much should you
Present value. A promissory note will pay $ at maturity years from now. How much should you be willing to pay for the note now if money is worth compounded continuously?
Round to the nearest dollar
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Present value. A promissory note will pay $ at maturity years from now. How much should you be willing to pay for the note now if money is worth compounded continuously?
Round to the nearest dollar.
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