The continuously compounded interest rate is 15 a You invest $1,100 at this rate What is the investment worth after nine years b What is the PV of $6 2 million to be received in twelve years c What is the PV of a continuous stream of cash flows, amounting to $2,100 per year, starting immediately and continuing for 19 years

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The continuously compounded interest rate is 15%. a. You invest $1,100 at this rate. What is the investment worth after nine years? b. What is

The continuously compounded interest rate is 15%.

a.	You invest $1,100 at this rate. What is the investment worth after nine years?

b.	What is the PV of $6.2 million to be received in twelve years?

c.	What is the PV of a continuous stream of cash flows, amounting to $2,100 per year, starting immediately and continuing for 19 years?

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