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A tutoring contract offers to pay 2.872 dollars immediately, 2,937 dollars at the end of the first year, and 1.868 dolars at the end of the second year. You have access to an account which gets you an interest rate of 1%, compounded continuously. Find the present value of the contract. O 2,872e0.02 + 2,937e0.01 + 1,868 O 2,872 + 2,937e-0.01 1,868e 0.02 O 7,677 0.02 +1,868-0.03 O 2,872e O 2,87260.01 + 2,937e0.021,8680.03 -0.01 +2,937e

A tutoring contract offers to pay 2.872 dollars immediately, 2,937 dollars at the end of the first year, and 1.868 dolars at the end of the second year. You have access to an account which gets you an interest rate of 1%, compounded continuously. Find the present value of the contract. O 2,872e0.02 + 2,937e0.01 + 1,868 O 2,872 + 2,937e-0.01 1,868e 0.02 O 7,677 0.02 +1,868-0.03 O 2,872e O 2,87260.01 + 2,937e0.021,8680.03 -0.01 +2,937e

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A tutoring contract offers to pay 2,872 dollas immediately, 2,937 dollars at the end of the first yoar, and 1.868 dollars at the end of the second year. You have access to an account which gets you an interest rate of 1%, compounded continuously. Find the present value of the contract. O 2,872e0.02 + 2,937e0.01 +1,868 O 2,872 + 2,937e-0.01 +1,868e-0.02 O 7,677 -0.01 +2,937e 0.02 +1,868e-0.03 O 2,872e O 2,872e0.01 + 2,937e0.02 + 1,868,0.03
Transcribed Image Text:A tutoring contract offers to pay 2,872 dollas immediately, 2,937 dollars at the end of the first yoar, and 1.868 dollars at the end of the second year. You have access to an account which gets you an interest rate of 1%, compounded continuously. Find the present value of the contract. O 2,872e0.02 + 2,937e0.01 +1,868 O 2,872 + 2,937e-0.01 +1,868e-0.02 O 7,677 -0.01 +2,937e 0.02 +1,868e-0.03 O 2,872e O 2,872e0.01 + 2,937e0.02 + 1,868,0.03
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