Register
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
89.9k views
21 votes
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
by
4.6k points

1 Answer

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
by
4.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.6m questions

6.0m answers

Other Questions

What is the domain and range?
What does translation means in math? I am taking a quiz on this right now, I need an answer ASAP!!!!!!
Reduce this algebraic fraction. 36x^5y^8z^10/15x^5y^7z^2
The tallest building reaches 142 feet above sea level. The lowest part of the lake is 355 feet below sea level. How far apart are they?
Gary has guitar lessons every 5 days and band practice every 4 days his first band practice is in 4 days and his first guitar lessons and band practice on the same day explain how you know
Link Copied!