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.
$__________

Question

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.
$__________

Quizplus · Accepted Answer

The Answer 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.
$__________

Suppose an Investment Is Expected to Generate Income at the Rate