Question:

A promissory note will pay $47,000 at maturity 6 years from

Last updated: 7/18/2022

A promissory note will pay $47,000 at maturity 6 years from

A promissory note will pay $47,000 at maturity 6 years from now. If you pay $28,000 for the note now, what rate compounded continuously would you earn?