Complete the table below giving the amount P that must be invested at interest rate 6.5 % compounded continuously to obtain a balance of A = $ 50000 in t years. Round your answer to the nearest cent or two decimal places. P 10 30 40 50 20 1.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 20E
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Complete the table below giving the amount P that must be invested at interest rate 6.5 % compounded
continuously to obtain a balance of A = $ 50000 in t years.
Round your answer to the nearest cent or two decimal places.
t
10
20
30
40
50
Transcribed Image Text:Complete the table below giving the amount P that must be invested at interest rate 6.5 % compounded continuously to obtain a balance of A = $ 50000 in t years. Round your answer to the nearest cent or two decimal places. t 10 20 30 40 50
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