What rate of interest you receive on the investment
Problem: You are offered the opportunity to buy a note for $10,000. The note is certain to pay $2000 at the end of each of the next 10 years. If you buy the note, what rate of interest will you receive on this investment (to nearest %)
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How much money must be invested today at 5% compounded continuously so that in 10 years it is worth $10000?
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