Find the present value of an $8000 payment to be made in 5 years. The interest rate

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Find the present value of an $8000 payment to be made in 5 years. The interest rate is 4% per year compounded continuously.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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Question Posted: Apr 10, 2023 08:04 AM

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Find the present value of an $8000 payment to be made in 5 years. The interest rate

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Applied Calculus

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