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Addison is going to invest in an account paying an interest rate of 3.1% compounded continuously. How much would Addison need to invest, to the nearest dollar, for the value of …

Addison is going to invest in an account paying an interest rate of 3.1% compounded continuously. How much would Addison need to invest, to the nearest dollar, for the value of …
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Addison is going to invest in an account paying an interest rate of 3.1% compounded continuously. How much would Addison need to invest, to the nearest dollar, for the value of the account to reach $910 in 18 years?​

User Guy Passy
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7.3k points

1 Answer

4 votes

Answer: $521

Explanation:

User Marcel Levy
by
8.1k points
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