8) What lump sum should you deposit now at 1.6%, compounded continuously, to attain $750,000? 9) The amount from #8 is more than you can afford, so you decide to invest a constant amount, R(t) dollars per year. Find R(t) such that the accumulated future value of the continuous money stream is $750,000, assuming an interest rate of 1.6%, compounded continuously.

8) What lump sum should you deposit now at 1.6%, compounded continuously, to attain $750,000? 9) The amount from #8 is more than you can afford, so you decide to invest a constant amount, R(t) dollars per year. Find R(t) such that the accumulated future value of the continuous money stream is $750,000, assuming an interest rate of 1.6%, compounded continuously.

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 34P

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Aa.37.
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