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A promissory note will pay $51,000 at maturity 13 years from now. If you pay $20,000 for the note now, what rate compoun
Posted: Mon Jul 11, 2022 10:19 am
by answerhappygod

- A Promissory Note Will Pay 51 000 At Maturity 13 Years From Now If You Pay 20 000 For The Note Now What Rate Compoun 1 (20.16 KiB) Viewed 25 times

- A Promissory Note Will Pay 51 000 At Maturity 13 Years From Now If You Pay 20 000 For The Note Now What Rate Compoun 2 (16.99 KiB) Viewed 25 times
A promissory note will pay $51,000 at maturity 13 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.) SCOO
How many years will it take $7,000 to grow to $11,800 if it is invested at 4.50% compounded continuously? years (Round to two decimal places.)