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What is the present value of a lump sum of $2,000 deposited in 9 years at a rate of 12 percent compounded continuously? (Please show
What is the present value of a lump sum of $2,000 deposited in 9 years at a rate of 12 percent compounded continuously?
(Please show step by step calculations. Also, a financial calculator can be used as well ,as long as each step is shown. )
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