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Asked: October 28, 20202020-10-28T21:11:13+00:00 2020-10-28T21:11:13+00:00In: Finance

What is the present value of a $500,000 payment 9 years from now, if money earns at an annual rate of 3.45%, compounded continuously?

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What is the present value of a $500,000 payment 9 years from now, if money earns at an annual rate of 3.45%, compounded continuously?

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