An investment will generate $2,400 per year in perpetuity. If the money is dispensed continuously th
Question: An investment will generate $2,400 per year in perpetuity. If the money is dispensed continuously throughout the year and if the prevailing annual interest is 4% compounded continuously, what is the present value of the investment?
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See Answer: The solution consists of 1 page
Deliverables: Word Document![](/images/msword.png)
Deliverables: Word Document
![](/images/msword.png)