How much money has to be invested at 5.9% interest compounded continuously to have 15,000 after 12 years?

asked Aug 24, 2019 44.0k views

2 votes

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4 votes

Answer: 30,448.91

Step-by-step explanation:

Starting Principal: 15,000

Interest Rate: 5.9%

Years: 12

Ivan Semochkin answered Aug 30, 2019

5.6k points

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