4.9k views
6 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 Mlbright
by
7.8k points

1 Answer

5 votes

Answer:

it’s 23000

Explanation:

User Jon Harmon
by
9.0k points

No related questions found

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