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

Author Question: Capital value is defined aswhere k is the annual rate of interest compounded continuously. Find the ... (Read 86 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Jun 16, 2021

Question 1

Capital value is defined as  where k is the annual rate of interest compounded continuously. Find the capital value of an asset that produces $5000 yearly income at 5% compounded continuously. Round to the nearest dollar.
◦ $83,333
◦ $95,000
◦ $125,000
◦ $100,000

Question 2

Capital value is defined as  where k is the annual rate of interest compounded continuously. Find the capital value of an asset that produces $5000 yearly income at 6% compounded continuously. Round to the nearest dollar.
◦ $100,000
◦ $83,333
◦ $80,000
◦ $85,000
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 Chelseaamend on Jun 16, 2021

b614102004

  • Sr. Member
  • ****
  • Posts: 320
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 35% of students answer this correctly


Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Jun 16, 2021
Gracias!

phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

How to find an angle in radians for any given trigonometric function How to find an angle in radians for any given trigonometric function
How to find the limit of a function using delta and epsilon How to find the limit of a function using delta and epsilon
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
How to calculate simple interest (Part 5; r = I/Pt) How to calculate simple interest (Part 5; r = I/Pt)
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
How to find the possible equations of a graph? How to find the possible equations of a graph?
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library