Suppose you wish to have exactly 100000 in 20 years how much should one invest today assuming a 5% interest rate compounded continuously? Please help me.

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asked Nov 26, 2021 54.4k views

5 votes

Suppose you wish to have exactly 100000 in 20 years how much should one invest today assuming a 5% interest rate compounded continuously? Please help me.

Mathematics
high-school

Md Samiul Alim Sakib asked

by Md Samiul Alim Sakib

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2 Answers

2 votes

Answer:

You would invest $36764.71

Explanation:

Checked and revised the equation.

Kamel Mili answered Nov 26, 2021

by Kamel Mili

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1 vote

You would invest $36,764.71

Suppose you wish to have exactly 100000 in 20 years how much should one invest today-example-1

Byron Tardif answered Dec 1, 2021

by Byron Tardif

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