For this, we have to calculate how much money has to be invested at 2.3% interest compounded continuously to achieve $41,000 after 17 years
Formula: A= P * ( 1+r)^t
A= $41,000
r=0.023
t= 17
<span>41,000= P * (1+0.023)^17
</span>41,000= P * (1.023)^17
41,000= P * 1.4719
P= 41,000 : 1.4719
P= $27,731.59
Therefore, the answer is C. $27,731.59
I checked by doing the opposite, and I got $41,000.01, which is the closest to the question<span>
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I don't understand the way you put the answeres because 58 is the largest number here yet its before .78 on f and g on plus the number occurs 2 times
Answer:
A dynamic environment is a business environment that is rapidly changing. In a dynamic market, businesses have to adapt quickly to changes and develop new ideas, products and services to keep up with technology and new trends.
Step-by-step explanation:
Answer:
51200 i think sorry if is get this wrong warn me sorry 8 hours
Step-by-step explanation:
Zero property because you are using zeros to multiply