An employee is offered a salary of $100,000 per year for 6 years. What is the present value of the contract on the date of the first payment if the interest rate is 2.3% per year, compounded continuously. Round your answer to two decimal places.

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The Answer of An employee is offered a salary of $100,000 per year for 6 years. What is the present value of the contract on the date of the first payment if the interest rate is 2.3% per year, compounded continuously. Round your answer to two decimal places.

An Employee Is Offered a Salary of $100,000 Per Year