Find the present value of $1000 payable at the end of 3 years, if money may be invested at 8% with interest compounded continuously

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.CR: Review Problem Set
Problem 56CR
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Find the present value of $1000 payable at the end of 3 years, if money may be invested at 8% with interest compounded continuously

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