Find the accumulated present value of an investment over a 12-year period if there is a continuous money flow of $2900 per year and the current interest rate is 10.5%, compounded continuously.
Find the accumulated present value of an investment over a 12-year period if there is a continuous money flow of $2900 per year and the current interest rate is 10.5%, compounded continuously.
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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Find the accumulated present value of an investment over a 12-year period if there is a continuous money flow of $2900 per year and the current interest rate is 10.5%, compounded continuously.
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