A promissory note will pay $45,000 at maturity 6 years from now. If you pay $25,000 for the note now, what rate compounded continuously would you earn? % compounded continuously The investment would...


A promissory note will pay $45,000 at maturity 6 years from now. If you pay $25,000 for the note now, what rate compounded continuously would you earn?<br>% compounded continuously<br>The investment would earn about<br>(Round to three decimal places as needed.)<br>

Extracted text: A promissory note will pay $45,000 at maturity 6 years from now. If you pay $25,000 for the note now, what rate compounded continuously would you earn? % compounded continuously The investment would earn about (Round to three decimal places as needed.)

Jun 05, 2022
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