Find the present value, using the present value and a calculator (round your answer to the nearest cent)  Achieve $225,500 at 8.85% compounded continuously for 8 years, 135 days  $ =

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
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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Find the present value, using the present value and a calculator (round your answer to the nearest cent) 

Achieve $225,500 at 8.85% compounded continuously for 8 years, 135 days 

$ = 

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