ejaabhigg7yles ejaabhigg7yles
  • 03-03-2017
  • Mathematics
contestada

A promissory note will pay $40,000 at maturity 6 years from now. how much should you be willing to pay for the note now if money is worth 4.25% compounded​ continuously?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 09-03-2017
P=A/e^rt
P=40,000÷e^(0.0425×6)
P=30,996.66
Answer Link

Otras preguntas

By 900 ce, kiev controlled the large area between the baltic sea and the black sea, which made kiev
If you earn $7.25 per hour working part time. How many full hours must you work to earn $125.00?
How did American exploration and colonization impact European nations?
in which order (first to last) were the following countries invaded by Britain?
Which is not a common product marketing techniques pricing, packaging, placement, and preparation?
why did gordimer mention her house location above a mine
nutrient-dense foods are better than foods that are less nutritious because a. nutrient-dense foods give the body protein, vitamins, minerals, and water. b. les
who was born earlier... kim basinger,tony blair or john travolta?
Which of the following products has the government helped to innovate? Select all that apply.
an english chronicle play deals with _____. english history a death or catastrophe a wedding