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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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Feb 17, 2021
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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?
Mathematics
high-school
Rob Van Den Berg
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Answer:
P≈
87100
Explanation:
Ktbarrett
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Feb 22, 2021
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