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

Author Question: Find the present valueP0of the amount P due t years in the future and invested at interest rate k, ... (Read 105 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jun 16, 2021

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 = $1,000,000, t = 6 yr, k = 7%
◦ $932,393.82
◦ $657,046.82
◦ $1,521,961.56
◦ $659,438.00

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 = $4,000,000, t = 20 yr, k = 5%
◦ $10,873,127.31
◦ $3,804,917.70
◦ $1,480,667.15
◦ $1,471,517.76
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 ts19998 on Jun 16, 2021

Jayson

  • Sr. Member
  • ****
  • Posts: 350
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 49% of students answer this correctly


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jun 16, 2021
Excellent

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Looking to the Future Looking to the Future
Review Cognitive Changes over the Adult Years Review Cognitive Changes over the Adult Years
Find a quadractic equation that models the data in standard form Find a quadractic equation that models the data in standard form
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2] Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2]
Future Value Formula Future Value Formula
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library