Ask a New Question
Search
How much money has to be invested at 3.3% interest compounded continuously to have $45,000 after 19 years?
1 answer
45000 = P*e^(.033*19)
P = 24038.60
Ask a New Question
or
answer this question
.
Similar Questions
Show all your the steps. Use the continuously compounded Interest: A(t)=p*e^rt
How much money invested at 6% compounded
1 answer
How much money has to be invested at 4.3% interest compounded continuously to have $19,000 after 16 years?
2 answers
How much money should be invested at an annual interest rate of 6.2% compounded continuously, to be worth at least $58,000 after
2 answers
hannah invested $4000.How much money will she have in 15 years if the interest rate of 6% is being compounded continuously?
1 answer
more similar questions