A man deposits P5,000 at the end of every year earning 7.50% compounded continuously. Determine the worth of his money after 15 years.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 25P
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A man deposits P5,000 at the end of every year earning 7.50% compounded continuously. Determine the worth of his money after 15 years.

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