A promissory note will pay $50,000 at maturity 9 years from now. If you pay $20,000 for the note now, what rate compound
Posted: Sun Oct 03, 2021 12:58 pm
A promissory note will pay $50,000 at maturity 9 years from now. If you pay $20,000 for the note now, what rate compounded continuously would you earn? .... The investment would earn about % compounded continuously. (Round to three decimal places as needed.)