A promissory note will pay $45,000 at maturity 6 years from now. If you pay $25,000 for the note now, what rate compounded continuously would you earn? % compounded continuously The investment would earn about (Round to three decimal places as needed.)

Q: find the amount that should be invested now at 8% compounded. quarterly to obtain $25,000 in 6 years

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Q: A person needs ​$17,500  immediately as a down payment on a new home. Suppose that she can borrow…

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