if-we-want-to-receive-60006000-per-year-forever-from-a-continuously-compounded-a

Question

If we want to receive $$6000\6000 $$per year forever from a continuously compounded account with a 9%9\% annual interest rate, how much should we deposit now? Write your answer as a whole number.

Accepted Answer

$$66,667\66$$,667

Answer

$$66,247\66$$,247

Answer

$$66,676\66$$,676

Answer

$$33,667\33$$,667

If we want to receive $6000\$6000 per year forever from a continuously compounded account with a 9%9\% annual interest rate, how much should we deposit now? Write your answer as a whole number.

If we want to receive $dollar sign 6000$ per year forever from a continuously compounded account with a $9 percent sign$ annual interest rate, how much should we deposit now? Write your answer as a whole number.