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Nathan is going to invest in an account paying an interest rate of 4.9% compounded continuously. How much would Nathan need to invest, to the nearest ten dollars, for the value of the account to reach $34,000 in 9 years?

2 Answers

5 votes

Answer:

731.48

Explanation:

you take 6 percent form 100 percent with give 94 percent

then you times 1200 by 94 percent 8 times to get answer

User Pao
by
7.8k points
7 votes

Answer:

21880

Explanation:

ON DELTA MATH

User Gavin Gilmour
by
8.1k points

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