Business, 15.10.2019 06:00 JeroMii

Kevin wants to buy a bond that will mature to 5500 in seven years. how much should he pay for the bond now if it earns interest at a rate of 2% per year, compounded continuously? do not round any intermediate computations, and round your answer to the nearest cent.

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Kevin wants to buy a bond that will mature to 5500 in seven years. how much should he pay for the bo...

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