Computing continuous compounding

Reference no: EM13117590

Suppose $1000000.00 will be recieved after 25 years. Find the value 5 years from now (t=5), V(5), assuming continuous compounding at the rate

r(t) = 0.05 + t/1000 if t<=10 and 0.06 t >10.

Reference no: EM13117590

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