Find how much money needs to be deposited now into an account to obtain $3,900 (Future Value) in 7 years if the interest rate is 6.5% per year compounded continuously. The final amount is $ Round your answer to 2 decimal places Check Answer
Find how much money needs to be deposited now into an account to obtain $3,900 (Future Value) in 7 years if the interest rate is 6.5% per year compounded continuously. The final amount is $ Round your answer to 2 decimal places Check Answer
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 67SGR
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