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Asked by Crystal

How much must be invested to have 25,000.00 after 5 years in an account drawing 7% interest compounded continuously?
11 years ago

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Answered by Steve
P*e^(.07*5)=25000
P = 17617
11 years ago
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How much must be invested to have 25,000.00 after 5 years in an account drawing 7% interest compounded continuously?

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