Protected ViewSaved to this PC Search (Alt+Q) Mailings Review View Help 8-9. You want to have $750,000 on your 70th birthday, and you are 25 right now. 8) What lump sum should you deposit now at 1.6%, compounded continuously, to attain $750,000? 9) The amount from #8 is more than you can afford, so you decide to invest a constant amount, R(t) dollars per year. Find R(t) such that the accumulated future value of the continuous money stream is $750,000, assuming an interest rate of 1.6%, compounded continuously. 130 a و یا ای TRAKTOR NO D

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....
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8-9. You want to have $750,000 on your 70th birthday, and you are 25 right now.
8) What lump sum should you deposit now at 1.6%, compounded continuously, to attain
$750,000?
9) The amount from #8 is more than you can afford, so you decide to invest a constant
amount, R(t) dollars per year. Find R(t) such that the accumulated future value of the
continuous money stream is $750,000, assuming an interest rate of 1.6%, compounded
continuously.
130
a
و یا ای
TRAKTOR
NO
D
Transcribed Image Text:Protected ViewSaved to this PC Search (Alt+Q) Mailings Review View Help 8-9. You want to have $750,000 on your 70th birthday, and you are 25 right now. 8) What lump sum should you deposit now at 1.6%, compounded continuously, to attain $750,000? 9) The amount from #8 is more than you can afford, so you decide to invest a constant amount, R(t) dollars per year. Find R(t) such that the accumulated future value of the continuous money stream is $750,000, assuming an interest rate of 1.6%, compounded continuously. 130 a و یا ای TRAKTOR NO D
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