What is the present value of $500 to be received in two years if the interest rate

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What is the present value of $500 to be received in two years if the interest rate is 4% per year and:

 Compounds daily?

 Compounds continuously?

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Foundations And Applications Of The Time Value Of Money

ISBN: 9780470407363

1st Edition

Authors: Pamela Peterson Drake, Frank J. Fabozzi

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