
Yefim S. answered 07/24/21
Math Tutor with Experience
PV(16) = 40000e0.062·16 = $107864.89
Afreen K.
asked 07/24/21Find the present value of $40000 due 16 years later at 6.2%, compounded continuously.
Yefim S. answered 07/24/21
Math Tutor with Experience
PV(16) = 40000e0.062·16 = $107864.89
Mark M. answered 07/24/21
Mathematics Teacher - NCLB Highly Qualified
A = 40000e(16)((0.062)
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