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    Mathematics
  3. Study Set
    Applied Calculus
  4. Exam
    Exam 6: Integration
  5. Question
    Suppose an Investment Is Expected to Generate Income at the Rate
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Suppose an Investment Is Expected to Generate Income at the Rate

Question 15

Question 15

Short Answer

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 5 years. Find the present value of this investment if the prevailing interest rate is 0.05% / year compounded continuously. Round your answer to the nearest dollar. $__________ dollars/year for the next 5 years. Find the present value of this investment if the prevailing interest rate is 0.05% / year compounded continuously. Round your answer to the nearest dollar.
$__________

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