anasomar6127 anasomar6127
  • 05-08-2021
  • Mathematics
contestada

How much would you have to
deposit today to have an
accumulated amount of
$20,000 in 20 years if yearly
interest is 4.75% compounded
continuously?

Respuesta :

khoa18050
khoa18050 khoa18050
  • 05-08-2021

Because the account is compounded continuously, Euler number is required

e = 2.7182818

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