A promissory note will pay $40,000 at maturity in 4 years from now. If you pay $29,000 for the note
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?
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Deliverables: Word Document
Deliverables: Word Document
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