Multiple Choice
How much should you be willing to pay for an account today that will have a value of $1,000 in 7 years under continuous compounding if the nominal rate is 8.30%?
A) $682.39
B) $559.34
C) $425.10
D) $637.65
E) $660.02
Correct Answer:

Verified
Correct Answer:
Verified
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