ejaabhigg7yles ejaabhigg7yles

03-03-2017
Mathematics

contestada

A promissory note will pay $40,000 at maturity 6 years from now. how much should you be willing to pay for the note now if money is worth 4.25% compounded continuously?

Respuesta :

Aliwohaish12 Aliwohaish12

09-03-2017

P=A/e^rt
P=40,000÷e^(0.0425×6)
P=30,996.66

Answer Link

Otras preguntas

Which key is longer, 5cm or 30mm??

How often do you rely on media for scientific information to make decisions in your life? (No weather answer please)

Chicxulub is a crater on the Yucatán Peninsula of Mexico. It was formed 6.5 × 107 years ago. Vredefort crater in South Africa was formed approximately 2 × 109 y

How do you answer this?

Find an equation of the horizontal line through ( - 7 , 5 ). The equation is ___. ( Type your answer in standard form.)

Solve for x: 8 is to 64 as 2 is to x

Answer #3 and #4 pretty please!!!

Areas with higher population density are shown in solid, dark green on the map above. Which of the following areas in India has the highest population density?

which of the following is a metalloid? A oxygen B silicon C chlorine D argon

Write the polynomial function with zeros: 4i,2,-2