kdippold906 kdippold906

15-02-2024
Mathematics

contestada

What is the present value of $5000 payable at the end of 4 years, if money may be invested at 3% with interest compounded continuously? The present value of $5000 is $\u25fb. What is the correct value?

A) $5000.00
B) $4950.25
C) $5050.75
D) $4900.50

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