Mathematics
Mathematics, 29.10.2020 08:40, Tboogie2037

Tim has an investment account which compounds interest continuously at a rate of 1.6%. After 5 years, he has $2400 in the account.
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How much money did he initially place in the account?
Round your answer to the nearest dollar.

answer
Answers: 1

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Tim has an investment account which compounds interest continuously at a rate of 1.6%. After 5 year...

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