Question: Solve for t to two decimal places. 2 = e 0.04t (Do not round until the final answer. Then round to the nearest hundredth as






Solve for t to two decimal places. 2 = e 0.04t (Do not round until the final answer. Then round to the nearest hundredth as needed.)Present value. A promissory note will pay $75,000 at maturity 9 years from now. How much should you be willing to pay for the note now if money is worth 3.5% compounded continuously? $ (Round to the nearest dollar.)An investor bought stock for $50,000. Nine years later, the stock was sold for $70,000. If interest is compounded continuously, what annual nominal rate of interest did the original $50,000 investment earn? The annual nominal rate of interest earned is%: (Round to two decimal places as needed.)
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