Register
Sebastian is going to invest in an account paying an interest rate of 1.5% compounded continuously. How much would Sebastian need to invest, to the nearest hundred dollars, for the value of the account
60.3k views
7 votes
Sebastian is going to invest in an account paying an interest rate of 1.5% compounded continuously. How much would Sebastian need to invest, to the nearest hundred dollars, for the value of the account to reach $720 in 6 years?

User CottonEyeJoe
by
5.9k points

1 Answer

7 votes

Answer:

700

Explanation:

trust me

User Kevin Jin
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
Link Copied!