(All Steps) Find the present value of $2500 due eight years from now if interest is compounded continuously at the given annual rate.
Question: Find the present value of $2500 due eight years from now if interest is compounded continuously at the given annual rate.
8%
Deliverable: Word Document 
(See Solution) Find the effective rate of interest that corresponds
![[All Steps] Find the effective rate of](/images/solutions/MC-solution-library-52532.jpg "[All Steps] Find the effective rate of interest that corresponds")
[All Steps] Find the effective rate of interest that corresponds
![[Steps Shown] Investment If $1000 is invested](/images/solutions/MC-solution-library-52533.jpg "[Steps Shown] Investment If $1000 is invested at an annual rate")
[Steps Shown] Investment If $1000 is invested at an annual rate
![[Steps Shown] Trust Fund A trust fund](/images/solutions/MC-solution-library-52534.jpg "[Steps Shown] Trust Fund A trust fund is being set up by a single")
[Steps Shown] Trust Fund A trust fund is being set up by a single
![[Step-by-Step] Find the effective rate that corresponds](/images/solutions/MC-solution-library-52535.jpg "[Step-by-Step] Find the effective rate that corresponds to the")
[Step-by-Step] Find the effective rate that corresponds to the
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