What is the pv of a continuous stream of cash flows

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Question: The continuously compounded interest rate is 9%.

You invest $1,140 at this rate. What is the investment worth after seven years?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

What is the PV of $6.4 million to be received in ten years?

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount. Enter your answer in dollars, not millions of dollars.

What is the PV of a continuous stream of cash flows, amounting to $2,140 per year, starting immediately and continuing for 17 years?

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

Reference no: EM133560725

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