Question
a. Compute the future value of $1,900 continuously compounded for 7 years at an APR of 10 percent. (Do not round intermediate calculations and round
| a. | Compute the future value of $1,900 continuously compounded for 7 years at an APR of 10 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Future value | $ |
| b. | Compute the future value of $1,900 continuously compounded for 5 years at an APR of 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Future value | $ |
| c. | Compute the future value of $1,900 continuously compounded for 10 years at an APR of 7 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Future value | $ |
| d. | Compute the future value of $1,900 continuously compounded for 8 years at an APR of 9 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Future value | $ |
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Production And Operations Analysis
Authors: Steven Nahmias, Tava Lennon Olsen
7th Edition
1478623063, 9781478623069
