Question
a. Compute the future value of $2,500 continuously compounded for 6 years at an annual percentage rate of 12 percent. (Do not round intermediate calculations
a.Compute the future value of $2,500 continuously compounded for 6 years at an annual percentage rate of 12 percent.(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.Compute the future value of $2,500 continuously compounded for 4 years at an annual percentage rate of 11 percent.(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c.Compute the future value of $2,500 continuously compounded for 12 years at an annual percentage rate of 5 percent.(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
d.Compute the future value of $2,500 continuously compounded for 10 years at an annual percentage rate of 7 percent.(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
