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 72 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

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Growth of the body and brain is dramatic over the first 2 years. Growth of the body and brain is dramatic over the first 2 years.
The heat range of a spark plug is determined by the distance the heat has to flow from the tip to ... The heat range of a spark plug is determined by the distance the heat has to flow from the tip to ...
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
Light beer has about the same amount of alcohol as regular beer Light beer has about the same amount of alcohol as regular beer
An example of continuous variation: biology students organized according to height. An example of continuous variation: biology students organized according to height.
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library