Register

Henry is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Henry need to invest, to the nearest dollar, for the value of the …

Henry is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Henry need to invest, to the nearest dollar, for the value of the …
182k views
16 votes
Henry is going to invest in an account paying an interest rate of 4.3% compounded

continuously. How much would Henry need to invest, to the nearest dollar, for the
value of the account to reach $820 in 13 years?

User Ching Ching
by
7.5k points

2 Answers

9 votes

Answer:

63.0769230769

Explanation:

User Gleng
by
8.5k points
2 votes

Answer:

469 this was correct on Delta Math!!!

Explanation:

User Adamy
by
8.0k points
← Prev Question Next Question →

Related questions

User Stefan Van Gastel
asked Sep 16, 2017 121k views
How much money invested at 5% compounded continuously for 3 years will yield $820
Stefan Van Gastel asked Sep 16, 2017
by Stefan Van Gastel
8.0k points
2 answers
0 votes
121k views
User Mfollett
asked Nov 19, 2018 56.7k views
How much money invested at 5% compounded continuously for 3 years will yield $820?
Mfollett asked Nov 19, 2018
by Mfollett
8.3k points
2 answers
4 votes
56.7k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!