Money is deposited in a bank that compounds it continuously at the nominal rate of 0.05. If one wishes to have P 10,000

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Money is deposited in a bank that compounds it continuously at the nominal rate of 0.05. If one wishes to have P 10,000

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Money Is Deposited In A Bank That Compounds It Continuously At The Nominal Rate Of 0 05 If One Wishes To Have P 10 000 1
Money Is Deposited In A Bank That Compounds It Continuously At The Nominal Rate Of 0 05 If One Wishes To Have P 10 000 1 (23.41 KiB) Viewed 30 times
Money is deposited in a bank that compounds it continuously at the nominal rate of 0.05. If one wishes to have P 10,000 in 8 years, how much should one deposit now? a) P 7,105.4 b) P 5,835.8 c.) P 8,210.5 d.) P 6,703.2 None
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