briannaodell27 briannaodell27

11-07-2016
Mathematics

Answered

how much has to be invested at 5.1% interest compounded continuously to have 17,000 after 14 years???

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Otherones5 Otherones5

11-07-2016

\(A = Pe^r^t\) so \(17000 = Pe^{(.051)(14)}\) so \(P = 8324.5\) roughly.

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11-07-2016

About 8500 hoped this helped

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