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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
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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
4.5k points

2 Answers

10 votes

Answer:

98800

Explanation:

User MrPink
by
4.1k points
2 votes

Answer:98800

Explanation:

User CountMurphy
by
4.3k points
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