You invest $50,000 for three years that will earn 3.6 percent compounded continuously. What will be the value of your investment after three years? A. $51,832. B. $55,702. C. $55,596. USE EXCEL
You invest $50,000 for three years that will earn 3.6 percent compounded continuously. What will be the value of your investment after three years? A. $51,832. B. $55,702. C. $55,596. USE EXCEL
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EB: How much would you invest today in order to receive $30,000 in each of the following (for further...
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You invest $50,000 for three years that will earn 3.6 percent compounded continuously. What will be the value of your investment after three years?
A. $51,832.
B. $55,702.C. $55,596. USE EXCEL
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