35-36 35. Find the effective rate of interestequivalent to 12% compoundedcontinuously.12.75%15.50%12.10%15.75%36. Determine the amount to be pay for abond if an investor desires a 6% returnon his investment and the bond willreturn P1,000.00 per year for 15 yearsand P25,000.00 par after 15 years.15,150.15O 69,626.2110,150.15

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Economics

35. Find the effective rate of interest equivalent to 12% compounded continuously.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

35-36

35. Find the effective rate of interest
equivalent to 12% compounded
continuously.
12.75%
15.50%
12.10%
15.75%
36. Determine the amount to be pay for a
bond if an investor desires a 6% return
on his investment and the bond will
return P1,000.00 per year for 15 years
and P25,000.00 par after 15 years.
15,150.15
O 69,626.21
10,150.15

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