Solve the problem.The rate of a continuous money flow is 1000e-.4 dollars per year for 10 years. Find the present value if interest is earned at 5% compounded continuously.
A. $27,328.92
B. $15,628.55
C. $16,217.81
D. $6593.67
Answer: D
Mathematics
You might also like to view...
Find any intercepts. Then graph the linear equation.-x + 4y = 16
A. (-16, 0); (0, -4)
B. (-4, 0); (0, 4)
C. (-16, 0); (0, 4)
D. (-16, 0); (0, 16)
Mathematics
Estimate the sum or difference by rounding each number to the nearest ten.
A. 130 B. 140 C. 100 D. 138
Mathematics
Complete the statement using the indicated property.4x - 8 = ______ , distributive
A. 4x + 8 B. x - 2 C. 4(x - 8) D. 4(x - 2)
Mathematics
The function f is one-to-one. Find its inverse.f(x) = 6x
A. f-1(x) = 
B. f-1(x) = -6x
C. f-1(x) = 
D. f-1(x) = 6x
Mathematics