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

Three terms of an arithmetic sequence are shown below. Which recursive formula defines the sequence? f(1) = 6, f(4) = 12, f(7) = 18 f (n + 1) = f(n) + 6 f (n +

Question 10 of 10 In which galaxy is the solar system located ? A. Milky Way B. Andromeda C. Nuclear Reset Selection

8. What is the solution to the equation 2x + 8 - 6 = 4. Show your worn.

Choose the correct answer: The largest amount of tropical rainforest is on the continent of _____ A. Asutralia B. South America C. Asia D. North Ameria E. Afric

In the figure below, if arc RS measures 100 degrees, what is the measure of angle Q?

Tom’s Electrical had the following information: Total Assets, December 31, 2016 $160,000 Total Assets, December 31, 2017 170,000 For Year Ended December 31, 201

The bandwidth of the medium is measured as ____. bits per second (bps) amps per second (bps) characters per second (cps) words per second (bps)

6. Raw Data: 3,5,7,4,3, 8, 6, 6,9, 6,7,8,9,3, 3, 9 There are 16 data items Find: a) Mean b) Median c) Midrange d) Mode 7. Find the standard deviation of the dat

find the permutation of these letters (a,b,c) taking a letter at a time

A pipe has a diameter of 20cm. What is the cross-sectional area of the pipe with units m^2.