Multiple Choice
Provide an appropriate response.
-A man with $9000 to invest puts the money into an account that earns 8% compounded continuously. Graph the corresponding present value function and calculate the number of years before the $9000 will be due in
Order for its present value to be $7000. Use the formula
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
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