Solve the problem.The rate of a continuous money flow is 500e0.04 dollars per year for 10 years. Find the present value if interest is earned at 7% compounded continuously.

A. $29,013.64
B. $5830.98
C. $22,497.65
D. $4319.70


Answer: D

Mathematics

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A.
B.
C.
D.

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Mathematics