This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find the present value of $50,000 due 10 years later at 6.8%, compounded continuously. (Read 58 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
on: Jun 16, 2021

Question 1

Find the interest earned when $9367 is invested at 8% compounded continuously for 4 years.
◦ $3532.56
◦ $4058.44
◦ $2540.52
◦ $3532.10

Question 2

Find the present value of  $50,000 due 10 years later at 6.8%, compounded continuously.
◦ $172,249.78
◦ $25,330.85
◦ $25,897.48
◦ $6879.29
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mr.Thesaxman on Jun 16, 2021

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 16, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


Mr.Thesaxman

  • Member
  • Posts: 514
Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr
How to use the quotient rule to find the derivative of a function How to use the quotient rule to find the derivative of a function
From the following function, find the value of a, so that the AROC From the following function, find the value of a, so that the AROC
To find derivative us the chain rule To find derivative us the chain rule
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library