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Nora is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Nora need to invest, to the nearest dollar, for the value of the account to reach $7,600 in
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Nora is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Nora need to invest, to the nearest dollar, for the value of the account to reach $7,600 in 20 years?

User Sparker
by
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1 Answer

10 votes

Answer:

P≈3216

3216

Explanation:

User Emiguevara
by
7.3k points
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