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Evan is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Evan need to invest, to the nearest ten dollars, for the value of the account to reach $7,800
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Evan is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Evan need to invest, to the nearest ten dollars, for the value of the account to reach $7,800 in 14 years?

User Ampersand
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9 votes
P ≈ 46320 is the answer
User Ivan Karaman
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