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

Author Question: What should P0be so that the amount of a continuous money flow over 10 years at interest rate 8.5%, ... (Read 69 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546

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


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
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
Thanks for the timely response, appreciate it


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library