6. What principal invested at 13% compounded continuously for 6 years will yield $9000? Round the answer to two decimal places.

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
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6. What principal invested at 13% compounded continuously for 6 years will
yield $9000? Round the answer to two decimal places.
Transcribed Image Text:6. What principal invested at 13% compounded continuously for 6 years will yield $9000? Round the answer to two decimal places.
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