Asked by Alyssa
how much money should i invest at 8.2% compounded continuously if i wish to have $100,000 in 5 years?
Answers
Answered by
Reiny
x e^(.082(5)) = 100000
x = 100000/e^.41
= 66365.03
x = 100000/e^.41
= 66365.03
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