(Step-by-Step) A promissory note will pay $40,000 at maturity in 4 years from now. If you pay $29,000 for the note now, what rate compounded continuously
Question: A promissory note will pay $40,000 at maturity in 4 years from now. If you pay $29,000 for the note now, what rate compounded continuously would you earn?
The investment would earn about what % compounded continuously?
Deliverable: Word Document 
(See Solution) Find i (rate per period) and n (number of periods)
![[Solution] Use the future value formula to](/images/solutions/MC-solution-library-48023.jpg "[Solution] Use the future value formula to find the indicated")
[Solution] Use the future value formula to find the indicated
(Solution Library) In order to accumulate enough money for the down
![[Solution] Ch. 7, problem 45: The goal](/images/solutions/MC-solution-library-48025.jpg "[Solution] Ch. 7, problem 45: The goal at U.S. airports handling")
[Solution] Ch. 7, problem 45: The goal at U.S. airports handling
![[All Steps] Ch.8, problem 27: Suppose your](/images/solutions/MC-solution-library-48026.jpg "[All Steps] Ch.8, problem 27: Suppose your statistics instructor")
[All Steps] Ch.8, problem 27: Suppose your statistics instructor
Days' Sales in Receivables Calculator - MathCracker.com