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

Author Question: Find the amount of a continuous money flow in which $2000 per year is being invested at 5%, ... (Read 110 times)

londonang

  • Hero Member
  • *****
  • Posts: 540

Question 1

Find the accumulated present value of an investment over a 40-year period if there is a continuous money flow of $2300 per year and the current interest rate is 5%, compounded continuously.
◦ $39,774.58
◦ $6225.42
◦ $52,225.42
◦ -$39,774.58

Question 2

Find the amount of a continuous money flow in which $2000 per year is being invested at 5%, compounded continuously for 20 years.
◦ $343,656.37
◦ $148,731.27
◦ $68,731.27
◦ $108,731.27


Related Topics

Need homework help now?

Ask unlimited questions for free

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

lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
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




londonang

  • Member
  • Posts: 540
Reply 2 on: Jun 16, 2021
Great answer, keep it coming :)


diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Excellent

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

For a complete list of videos, visit our video library