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What is the present value of 1,000,000 in 30 years at 3% compounded continuously?

What is the present value of 1,000,000 in 30 years at 3% compounded continuously?
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What is the present value of 1,000,000 in 30 years at 3% compounded continuously?

User Smathy
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1 Answer

5 votes
1000000=PVe^(30x0.03)
1000000=PV x 2.4596
PV=406569.65974
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