Find how much money needs to be deposited now into an account to obtain $8,900 in 10 years, if the interest rate is 6% per year compounded continuously. The final amount is $ Round your answer to 2 decimal places
Find how much money needs to be deposited now into an account to obtain $8,900 in 10 years, if the interest rate is 6% per year compounded continuously. The final amount is $ Round your answer to 2 decimal places
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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