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Kayden is going to invest in an account paying an interest rate of 4.2% compounded continuously. How much would Kayden need to invest, to the nearest hundred dollars, for the value of the account to reach
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Kayden is going to invest in an account paying an interest rate of 4.2% compounded continuously. How much would Kayden need to invest, to the nearest hundred dollars, for the value of the account to reach $112,000 in 6 years?

User Rob Van Den Berg
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1 Answer

3 votes

Answer:

P≈ 87100

Explanation:

User Ktbarrett
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