How much should you be willing to pay

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1. A note will pay $20,000 at maturity 10 years from now. How much should you be willing to pay for the note now if money is worth 5.2% compounded continuously?

2. A note will pay $50,000 at maturity 5 years from now. How much should you be willing to pay for the note now if money is worth 6.4% compounded continuously?

Reference no: EM131268634

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