This topic contains a solution. Click here to go to the answer

Author Question: What should P0be so that the amount of a continuous money flow over 10 years at interest rate 8.5%, ... (Read 82 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546

Question 1

Find the amount of a continuous money flow in which $700 per year is being invested at 8.5%, compounded continuously for 30 years.
◦ $113,705.56
◦ $826,497.26
◦ $97,234.97
◦ $105,470.27

Question 2

What should P0 be so that the amount of a continuous money flow over 10 years at interest rate 8.5%, compounded continuously, will be $40,000?
◦ $2537.98
◦ $1018.07
◦ $298.59
◦ $1453.21


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Kthamas on Jun 16, 2021

Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
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 39% of students answer this correctly




Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jun 16, 2021
Thanks for the timely response, appreciate it


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

For a complete list of videos, visit our video library