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

Author Question: What should P0be so that the amount of a continuous money flow over 10 years at interest rate 8.5%, ... (Read 68 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 16, 2021

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
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 Kthamas on Jun 16, 2021

Perkypinki

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


Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jun 16, 2021
Excellent

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Review Cognitive Changes over the Adult Years Review Cognitive Changes over the Adult Years
An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
Overview of lymphatic system structures and the general direction of lymph flow from the extremities ... Overview of lymphatic system structures and the general direction of lymph flow from the extremities ...
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ... Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ...
Compound interest Compound interest
Video: Introduction to Diabetes

For a complete list of videos, visit our video library