How much money needs to be deposited now into an account to obtain $8,100 in 8 years if the interest rate is 5.5% per year compounded continuously? Round your answer to 2 decimal places > Next Question

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 49CR
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How much money needs to be deposited now into an account to obtain $8,100 in 8 years if the interest rate
is 5.5% per year compounded continuously?
Round your answer to 2 decimal places
> Next Question
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Transcribed Image Text:How much money needs to be deposited now into an account to obtain $8,100 in 8 years if the interest rate is 5.5% per year compounded continuously? Round your answer to 2 decimal places > Next Question ********** acer
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