Log in
Mathematics
3
answers
0
watching
89
views
4 Aug 2018

12. Choose the correct value for the present value to the nearest dollar) of a continuous annuity at an annual rate of 10% for 10 years if the payment at time t is at the rate of 10t dollars per year. ~ 264 B 321 © 270 D 300 E None of these

word_media_image1.png
Watch
3
answers
0
watching
89
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share
Already have an account? Log in
Share
Reid Wolff
Reid WolffLv2
5 Aug 2018
Already have an account? Log in
Share

Related questions

Find the accumulated (future) value of a continuous annuity at an annual rate of 8% compounded continuously for 10 years, if cash flows into the account at time at a rate of 300 dollars per year. Round your answer to the nearest dollar.

2. The present value, to the nearest cent of a continuous annuity, at an annual rate of 6% (r=0.06) for 9 years, if the regular payments at time I are at the rate of 60 dollars per year, is: A) $540,00 B) $417.25 C) $716,01 D) $926.64 E) none of these

2. The accumulated amount of a continuous annuity is given by S= f(t)e-dt, where r is the annual rate compounded continuously, T is the number of years, and f(t) is the rate of payment per year at time t. If f(t) = 400 and r = 6%, then the accumulated amount at the end of 10 years will be (The answers are given rounded to the nearest dollar) A) $3008 B) $5481 C) $7163 D) $4000 E) $4240

Related Documents

MATH 1431 Chapter : Income Streams And Lorentz Curves Fall 2011
azuremammoth471
MAT 299 Lecture 4: MAT 299 2.3
carminelion186
MATH 246
Final Exam
Study Guide
MATH 246 Midterm: Exam 1 No Solutions Summer 2005
turquoisegnu128

Weekly leaderboard

Home
Homework Help 3,900,000
Mathematics 240,000
Start filling in the gaps now
Log in