1 answer

How much money has to be invested at 4.3% compounded continously to have $19,000 after 16 years

Question:

How much money has to be invested at 4.3% compounded continously to have $19,000 after 16 years

Answers

P=A/e^rt
P=19,000÷e^(0.043×16)
P=9,549.02

.

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