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6. Using continuous discounting what is the present value of $20,000 received 25 years from now if the interest rate is R=2.7%=0.027? 7. At some
6. Using continuous discounting what is the present value of $20,000 received 25 years from now if the interest rate is R=2.7%=0.027? 7. At some time (T) in the future, you are to receive $100.000. If the interest rate is R=3.2%, approximately how many years (T) from now would you have to receive the $100,000 for its present value to be $50,000
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