kianman45 kianman45

29-03-2021
Mathematics

contestada

Nathan is going to invest in an account paying an interest rate of 4.8% compounded continuously. How much would Nathan need to invest, to the nearest ten dollars, for the value of the account to reach $1,310 in 13 years?

Respuesta :

desaraybradley03 desaraybradley03

29-03-2021

Answer:

700

Step-by-step explanation:

Answer Link

lehongminh22072001 lehongminh22072001

29-03-2021

Answer:

$712

Step-by-step explanation:

A x (1 + 4,8%)¹³ = 1310

=> A = 1310 : (1 + 4,8%)¹³ = 712,1551532

Answer Link

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