Register
Nathan is going to invest in an account paying an interest rate of 4.8% compounded continuously. How much would Nathan need to invest, to the nearest ten dollars, for the value of the account to reach
136k views
24 votes
Nathan is going to invest in an account paying an interest rate of 4.8% compounded continuously. How much would Nathan need to invest, to the nearest ten dollars, for the value of the account to reach $1,310 in 13 years?​

User Prasath S
by
3.9k points

1 Answer

5 votes

Answer:

you would just 4.8 x how many years

Explanation:

User Cheron
by
3.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.5m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Solve for x in the equation 3 x squared minus 18 x + 5 = 47. (I need this to be an answer like X=3+\_ square root 23)
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
A survey of 539 adults aged 18-24 year olds was conducted in which they were asked what they did last Friday night. It found: 189 watched TV 163 hung out with friends 29 watched TV and ate pizza, but did
Link Copied!