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Suppose an Investment Is Expected to Generate Income at the Rate

Question 86

Multiple Choice

Suppose an investment is expected to generate income at the rate of ​ Suppose an investment is expected to generate income at the rate of ​ ​ Dollars/year for the next 6 years. Find the present value of this investment if the prevailing interest rate is 4% /year compounded continuously. Round your answer to the nearest dollar. ​ A) $1,601,531 B) $1,595,954 C) $1,600,291 D) $1,602,431 ​
Dollars/year for the next 6 years. Find the present value of this investment if the prevailing interest rate is 4% /year compounded continuously. Round your answer to the nearest dollar.
​


A) $1,601,531
B) $1,595,954
C) $1,600,291
D) $1,602,431

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