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A money market fund has a continuous flow of money at a rate of fo)-1600x-1BOX for 10 years Find the present val flow if interest is earned at 6% compounded continuously. O a. $92,703.87 O b. $15,652.91 Oc. $930,338.97 O d. $2,460,097.36 A real estate investment is expected to produce a uniform continuous rate of money flow of $2000 per year for 10 years. Find the final amount at an interest rate of 2% compounded continuously. O a. $100,000.00 Ob. $27,042.19 Oc. $222,140.28 O d. $22,140.28

A money market fund has a continuous flow of money at a rate of fo)-1600x-1BOX for 10 years Find the present val flow if interest is earned at 6% compounded continuously. O a. $92,703.87 O b. $15,652.91 Oc. $930,338.97 O d. $2,460,097.36 A real estate investment is expected to produce a uniform continuous rate of money flow of $2000 per year for 10 years. Find the final amount at an interest rate of 2% compounded continuously. O a. $100,000.00 Ob. $27,042.19 Oc. $222,140.28 O d. $22,140.28

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A money market fund has a continuous flow of money at a rate of f(x)-1600x-1BOX for 10 years. Find the present value tis flow if interest is earned at 6% compounded continuousty. Oa. $92,703.87 b. $15,652.91 Oc. $930,338,97 O d. $2,460,097.36 A real estate investment is expected to produce a uniform continuaus rate of money flow of $2000 per year for 10 years. Find the final amount at an interest rate of 2% compounded continuously. O a. $100,000.00 O b. $27,042.19 Oc. $222.140.28 O d. $22,140.28
Transcribed Image Text:A money market fund has a continuous flow of money at a rate of f(x)-1600x-1BOX for 10 years. Find the present value tis flow if interest is earned at 6% compounded continuousty. Oa. $92,703.87 b. $15,652.91 Oc. $930,338,97 O d. $2,460,097.36 A real estate investment is expected to produce a uniform continuaus rate of money flow of $2000 per year for 10 years. Find the final amount at an interest rate of 2% compounded continuously. O a. $100,000.00 O b. $27,042.19 Oc. $222.140.28 O d. $22,140.28
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