Question: Problem 25.19 An nyear continuous annuity that pays at a rate of $748 per year has a present value of $10,000 when using an interest

Problem 25.19 An nyear continuous annuity that pays at a rate of $748 per year has a present value of $10,000 when using an interest rate of 6%, compounded continuously. Determine n.

LUNTENTS 0.1.2 Present Value The present value at the time payment begins of a continuous annuity paying at rate 1 per period is Example 0.1.2. An n-year continuous annuity that pays at a rate of $748 per year has a present value of $10,000 when using a force of interest of 6%. Determinen 27 Solution: In the classroom

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