What is the nominal value of interest compounded continuously for a period of 5 years of an equal payment series if the capital recovery factor is 0.2385787? (Answer must be a whole number and must be in %, Do not include "%" when entering your answer to the box.) Answer:

What is the nominal value of interest compounded continuously for a period of 5 years of an equal payment series if the capital recovery factor is 0.2385787? (Answer must be a whole number and must be in %, Do not include "%" when entering your answer to the box.) Answer:

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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What is the nominal value of interest compounded continuously for a period of 5 years of an equal payment series if the capital recovery factor is 0.2385787? (Answer must be a whole number and
must be in %. Do not include "%" when entering your answer to the box.)
Answer:

A businessman borrowed P 200,000 and agrees to pay P 47,719.73 annually for "n" years at the rate of 6% compounded continuously. Find the value of n. (Round-off your answer to nearest whole
number)
Answer:

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