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Gabriel is going to invest in an account paying an interest rate of 2.8% compounded continuously. How much would Gabriel need to invest, to the nearest cent, for the value of the account to reach $85,000
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Gabriel is going to invest in an account paying an interest rate of 2.8% compounded

continuously. How much would Gabriel need to invest, to the nearest cent, for the
value of the account to reach $85,000 in 13 years?

User Printfmyname
by
6.7k points

1 Answer

6 votes

Answer:

59065.75

Explanation:

User Fex
by
6.4k points
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