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Anna is going to invest in an account paying an interest rate of 5.1% compounded continuously. How much would Anna need to invest, to the nearest hundred dollars, for the value of the account to reach
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Anna is going to invest in an account paying an interest rate of 5.1% compounded continuously. How much would Anna need to invest, to the nearest hundred dollars, for the value of the account to reach $47,000 in 14 years?

User Lucas Romier
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5 votes

Answer: 23000 on delta math

Explanation:

Anna is going to invest in an account paying an interest rate of 5.1% compounded continuously-example-1
User ChildrenOurFuture
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