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If you need 37000 in 12 years how much will you need to


1. Continuous Compounding

If you need $37,000 in 12 years, how much will you need to deposit today if you can earn 8 percent per year compounded continuously? (Round your answer to 2 decimal places. (e.g., 32.16))

PV $

2. Continuous Compounding

If you have $1,800 today, how much will it be worth in seven years at 5 percent per year compounded continuously? (Round your answer to 2 decimal places. (e.g., 32.16))

FV $

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Financial Management: If you need 37000 in 12 years how much will you need to
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