Answer:
Step-by-step explanation:
<u>Given:</u>
- Investment P = $20000
- Time t = 7 years
- Interest rate r = 5.5% = 0.055
a. <u>compounded semiannually, n = 2</u>
b. <u>compounded quarterly, n = 4</u>
c. <u>compounded monthly, n = 12</u>
d. <u>compounded continuously</u>
Answer:
I would need to see the rectangles and there areas to answer that sorry
Basically, shift each coordinate one unit to the right (one X over)
You will have to predict the points a little
This cash flow is a perpetuity. To find the present value of perpetuity, we use the equation of
Pv=C÷r
Pv=39,000÷0.058
Pv=672,413.79
Answer:
i chose d but it was wrong the answer is B got it right on edg
Step-by-step explanation: