Find the present value for a payment of 10 000 to be


(a) Find the present value for a payment of $10; 000 to be received in 3,5 years, if the annual interest rate is 4% that: (i) compounded monthly; (ii) compounded continuously.

(b) What is the annual rate of interest with continuous compounding is equal to 10% per annum with monthly compounding.

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Financial Management: Find the present value for a payment of 10 000 to be
Reference No:- TGS01183371

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