(See Solution) Savings Refer to Activity 7. How much would you have to invest now, in one lump sum instead of in a continuous stream, in order to build
Question: Savings Refer to Activity 7.
- How much would you have to invest now, in one lump sum instead of in a continuous stream, in order to build to the same future (6-year) value? Assume that interest is compounded continuously.
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