What is the present worth of 50000 in month1 51000 in month, Ask an Expert

Economics

What is the present worth of $500.00 in month1, $510.00, in month 2, and amounts increasing by $10 a month through month 36, if the interest rate is 15% per year, compounded continuously? Please show work and use functional notation where needed: ex. ( F/P,i,n) + 20(A/G, i,N)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91372611

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