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olganol [36]
3 years ago
12

How much has to be invested at 5.1% interst compound continuously to have 17,000 after 14 years

Mathematics
1 answer:
Montano1993 [528]3 years ago
7 0

I do not know exactly, but it seems to be correct                                                                             A = Pe^(r*t)  Compounding continously

17,000 = Пэ^(.051*14)

17,000/e^(.714) = P

$8324.59  = P    


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