What is the present value of $225,500 at 8.55% compounded continuously for 8 years, 145 days?

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anonymous · Answer 1 · 2013-05-19T18:45:53+0000

Kontinuus kompound...yu take e raesed tu the %

for 8.55%, thats e^0.0855=1.089261561

do this for x yeers & yu get 1.089261561^x

x=8 yeers & 145 daes=8.39726 yeers

1.089261561^8.39726=312.254759

225,500*312.254759=70,406,844.8

anonymous · Answer 2 · 2013-05-19T18:50:33+0000

big goof theer...1.089261561^8.....=2.050258166

225,550*2.05....=462,333.22

What is the present value of $225,500 at 8.55% compounded continuously for 8 years, 145 days?

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