Question:
With an interest rate of 2 compounded continuously a Find
Last updated: 10/13/2023
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With an interest rate of 2 compounded continuously a Find the future value in 10 years of a payment of 14 000 made today Round your answer to two decimal places i b Find the future value of an income stream of 1400 per yea Round your answer to two decimal places i c Which is larger the future value from the lump sum in part a or from the income stream in part b Why does this make sens financially The future value from the This makes sense because er 10 years is larger