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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 va…

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 va…
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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
by
8.4k points

1 Answer

4 votes

Answer:

600

Explanation:

yw

User Nicollas Braga
by
8.2k points
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