Suppose an investment is expected to generate income at the rate of

dollars/year for the next 6 years. Find the present value of this investment if the prevailing interest rate is 0.04% /year compounded continuously. Round your answer to the nearest dollar.

$__________

Question

Suppose an investment is expected to generate income at the rate of
​  ​
dollars/year for the next 6 years. Find the present value of this investment if the prevailing interest rate is 0.04% /year compounded continuously. Round your answer to the nearest dollar.
​
$__________

Quizplus · Accepted Answer

The Answer of Suppose an investment is expected to generate income at the rate of
​  ​
dollars/year for the next 6 years. Find the present value of this investment if the prevailing interest rate is 0.04% /year compounded continuously. Round your answer to the nearest dollar.
​
$__________

Suppose an Investment Is Expected to Generate Income at the Rate