subject
Mathematics, 09.10.2019 10:00 jtswagg6634

Suppose that on january 1, 2018, you buy a bond for $2,000 that will pay interest of 3.6% per year compounded continuously for 20 years. you never withdraw any of the interest earned on the bond. (b) suppose that on january 1, 2020, the prevailing rate of interest on bonds maturing on january 1, 2038 becomes 6% per year compounded continuously. assume that the market value of your bond (as described in 13 (a)) becomes the present value that would yield the same amount on january 1, 2038 as your bond will give you. what will be the market value of your bond on january 1, 2020?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
One-third of the people from country a claim that they are from country b, and the rest admit they are from country a. one-fourth of the people from country claim that they are from country a, and the rest admit they are from country b. in a combined census of the two countries, one-half of the total claimed to be from a. what is the ratio of the populations of country a to that of country b.
Answers: 2
question
Mathematics, 21.06.2019 20:00
The rectangle shown has a perimeter of 108 cm and the given area. its length is 6 more than five times its width. write and solve a system of equations to find the dimensions of the rectangle.
Answers: 3
question
Mathematics, 22.06.2019 01:00
Use mathematical induction to prove the statement is true for all positive integers n, or show why it is false. 1^2 + 4^2 + 7^2 + + (3n - 2)^2 = [n(6n^2-3n-1)/2]
Answers: 1
question
Mathematics, 22.06.2019 01:50
Thomas is using a drawing program to complete a construction. which construction could he be completing? two perpendicular lines are drawn. inscribing an equilateral triangle in a circle inscribing a square in a circle inscribing a regular pentagon in a circle inscribing a regular hexagon in a circle
Answers: 1
You know the right answer?
Suppose that on january 1, 2018, you buy a bond for $2,000 that will pay interest of 3.6% per year c...
Questions
question
Biology, 13.03.2020 17:05
Questions on the website: 13722359