An agreement between two or more countries to remove all restrictions between them on the sales of goods and services, while imp
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Answer:
21.11176754
Explanation:
storate cost: 0.30
as the storage is continusly we use continuos interest rate:
0.30 / 4 = 0.075 per quarter
this is paid in advance so we calculate the present values of this payment
PV = 0.295552053
Now we solve for the future value of silver using also a continuos rate
(20 + 0.295552053)e^0.04 = 21.11176754