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1. An effective annual interest rate of 35% has been determined with continuous compounding. What is the nominal interest rate that was compounded continuously to
1. An effective annual interest rate of 35% has been determined with continuous compounding. What is the nominal interest rate that was compounded continuously to get this number? Tare 2. Compute the future worth at year 8 of the below cash flow: 1 -10% per year 7 8 Year $220 $270 $320 $370 $420 $470 $470 a. 4. Item x are manufactured; each unit can be sold for 200-0.01x pesos. How many units can be manufactured for maximum revenue? b. What is the corresponding unit price? What is the maximum revenue? C
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