Nathan is going to invest in an account paying an interest rate of 4.8% compounded continuously. How much would Nathan need to invest, to the nearest ten dollars, for the value of the account to reach

asked Apr 24, 2022 20.8k views

5 votes

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4 votes

Answer:

$712

Explanation:

A x (1 + 4,8%)¹³ = 1310

=> A = 1310 : (1 + 4,8%)¹³ = 712,1551532

5.2k points

5 votes

Answer:

700

Explanation:

Ircmaxell answered Apr 28, 2022

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