Multiple Choice
You expect to receive $1,800 at the end of 5 years.What is the present value of this payment if the interest rate is 7.12 percent,compounded continuously?
A) $1,271.64
B) $1,276.20
C) $1,269.41
D) $1,257.78
E) $1,260.85
Correct Answer:
Verified
Correct Answer:
Verified
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