hailee5887 hailee5887
  • 10-01-2024
  • Mathematics
contestada

Assuming a 10% interest rate compounded continuously, what is the present value of an annuity that pays $500 a year for the next 5 years?
a) $2,066.24
b) $2,345.68
c) $2,789.67
d) $3,014.93

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