Suppose that April has access to an investment that will pay 10% interest compounded continuously.Which is better:

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Suppose that April has access to an investment that will pay 10% interest compounded continuously.Which is better: to be given $1000 now so that she can take advantage of this investment opportunity or to be given $1325 after 3 years?

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Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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Question Posted: Jan 17, 2019 10:42 AM

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Suppose that April has access to an investment that will pay 10% interest compounded continuously.Which is better:

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Value of 1000 compounded cont...View the full answer

Precalculus

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