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polet [3.4K]
3 years ago
15

Money Flow An investment scheme is expected to produce a continuous flow of money, starting at $1000 and increasing exponentiall

y at 5% a year for 7 years. Find the present value at an interest rate of 11% compounded continuously.
Mathematics
1 answer:
kvasek [131]3 years ago
3 0

Answer:

7.14

Step-by-step explanation:

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