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2. Marisa just had her 11th birthday. Her grandfather sets up a trust fund that, when Marisa turns 21, will be worth $10,000. Assuming
2. Marisa just had her 11th birthday. Her grandfather sets up a trust fund that, when Marisa turns 21, will be worth $10,000. Assuming that interest is compounded continuously at an annual rate of 3.5%, what is the present value of this trust fund? (3pts) 3. Differentiate. (2pts each) a) y = 2* In b) y = log5 (2x + x)
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
