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Justin is going to invest in an account paying an interest rate of 4.9% compounded continuously. How much would Justin need to invest, to the nearest ten dollars, for the value of the account to reach
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Justin is going to invest in an account paying an interest rate of 4.9% compounded continuously. How much would Justin need to invest, to the nearest ten dollars, for the value of the account to reach $2,100 in 8 years?​

User Charles Maria
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2 Answers

5 votes

Answer:

1420 .

Explanation:

User Kiro
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4.5k points
9 votes

Answer: 1420

Explanation:

Justin is going to invest in an account paying an interest rate of 4.9% compounded-example-1
User SashikaXP
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