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Mumz [18]
2 years ago
13

Nathan is going to invest in an account paying an interest rate of 4.8% compounded continuously. How much would Nathan need to i

nvest, to the nearest ten dollars, for the value of the account to reach $1,310 in 13 years?
Mathematics
2 answers:
My name is Ann [436]2 years ago
8 0

Answer:

700

Step-by-step explanation:

Dovator [93]2 years ago
8 0

Answer:

$712

Step-by-step explanation:

A x (1 + 4,8%)¹³ = 1310

=> A = 1310 : (1 + 4,8%)¹³ = 712,1551532

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