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Elijah is going to invest in an account paying an interest rate of 5.5% compounded continuously. How much would Elijah need to invest, to the nearest hundred dollars, for the value of the account to reach
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Elijah is going to invest in an account paying an interest rate of 5.5% compounded continuously. How much would Elijah need to invest, to the nearest hundred dollars, for the value of the account to reach $1,400 in 16 years?

User Cvsguimaraes
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1 Answer

4 votes

Answer:

600

Explanation:

yw

User Nicollas Braga
by
6.6k points
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