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an engineer wishes to have $3 million by the time he retires in 40 years. Assuming 9% nominal interest, compounded continuously, what annual sum must
an engineer wishes to have $3 million by the time he retires in 40 years. Assuming 9% nominal interest, compounded continuously, what annual sum must be set aside?
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
