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The continuously compounded interest rate is 12%. You invest $1, 070 at this rate. What is the investment worth after six years? (Do not round
The continuously compounded interest rate is 12%. You invest $1, 070 at this rate. What is the investment worth after six years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Future value What is the PV of $5.7 million to be received in nine years? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Present value What is the PV of a continuous stream of cash flows, amounting to $2, 070 per year, starting immediately and continuing for 16 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value
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