Register
Angel is going to invest in an account paying an interest rate of 6.5% compounded continuously. How much would Angel need to invest, to the nearest hundred dollars, for the value of the account to reach
176k views
21 votes
Angel is going to invest in an account paying an interest rate of 6.5%

compounded continuously. How much would Angel need to invest, to
the nearest hundred dollars, for the value of the account to reach
$230,000 in 13 years?

User Erik Skoglund
by
5.6k points

2 Answers

10 votes

Answer:

98800

Explanation:

User MrPink
by
5.3k points
2 votes

Answer:98800

Explanation:

User CountMurphy
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.8m questions

7.5m answers

Other Questions

Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Find the quotient of 3,078 ÷ 27. A) 104 B) 109 C) 114 D) 119
Can someone help me with 5??? ASAP?
Link Copied!