117. Carlos buys a bond that will pay him $1,000 after 3 years. It accumulates interest at...

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117. Carlos buys a bond that will pay him $1,000 after 3 years. It accumulates interest at an annual interest rate of 7% with continuous compounding. What is the value of this bond today? (4.16)

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Engineering Economy

ISBN: 9781292265001

17th Global Edition

Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling

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