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If the present value of an item is P and we experience an inflation rate of r, which is compounded continuously, for t years, what will the future value of the item be? P = $60 r = 4.75% t = 5
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If the present value of an item is P and we experience an inflation rate of r, which is compounded continuously, for t years, what will the future value of the item be?

P = $60
r = 4.75%
t = 5

User Saswat Padhi
by
8.8k points

1 Answer

2 votes

Answer:

I think it is p= $60

User KrishnaDhungana
by
8.5k points
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