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

09-03-2017

P=A/e^rt
P=40,000÷e^(0.0425×6)
P=30,996.66

Answer Link

Otras preguntas

In scientific notation, what is the sum of 2.3 times 10^{-3} and 5.4 times 10^{-4}?a. 2.84 times 10^{-3}b. 5.63 times 10^{-3}c. 7.7 times 10^{-7}d. 12.42 times

find the circumference of a circle whose radius is 15.4cm

find the circumference of a circle whose radius is 15.4cm

jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music

find the circumference of a circle whose radius is 15.4cm

find the circumference of a circle whose radius is 15.4cm

All of the following expressions have a value between 0 and 1, excepta. \frac{(-3^{7})}{(-3)^9}b. 4^{-10}× 4^{6}c. \frac{(8^3)^3}{8^{-4}} d. ( \frac{2}{5} ^{8})

What value of x makes the equation true ? 4(2x-4)=16

What value of x makes the equation true ? 4(2x-4)=16

All of the following expressions have a value between 0 and 1, excepta. \frac{(-3^{7})}{(-3)^9}b. 4^{-10}× 4^{6}c. \frac{(8^3)^3}{8^{-4}} d. ( \frac{2}{5} ^{8})