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

Author Question: Find the present valueP0of the amount P due t years in the future and invested at interest rate k, ... (Read 91 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500

Question 1

Find the present value P0 of the amount P due t years in the future and invested at interest rate k, compounded continuously.

P = $10,000, t = 10 yr, k = 9%
◦ $4106.46
◦ $9139.31
◦ $24,596.03
◦ $4065.70

Question 2

Find the present value P0 of the amount P due t years in the future and invested at interest rate k, compounded continuously.

P = $100,000, t = 11 yr, k = 9%
◦ $91,393.12
◦ $269,123.45
◦ $37,157.67
◦ $37,567.65


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Brittanyd9008 on Jun 16, 2021

gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
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




Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jun 16, 2021
:D TYSM


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

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.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library