Lea invests a sum of money in a savings account with an interest rate of 3.4% compounded continuously. After 10 years, the balance is $1900. What is the amount of her initial investment?

$1,352

Step-by-step explanation:

The computation of the initial amount is shown below:

As we know that

Ending value = Initial investment × e^{rate, time period}

$1,900 = Initial investment × e^{3.4%, 10}

$1,900  = Initial investment × e^0.34

$1,900  = Initial investment × 1.404947591

So, the initial investment is

= $1,900 ÷  1.404947591

= $1,352

.there can be infinite values of m and n that can satisfy the above equation. for each value of m of m or n. there maybe infinite sets of solution for the above

step-by-step explanation:

question: how many people can she serve?

answer: she can serve 16.66666667 people. so she can only give 16 people a complete serving.

question: does she have enough ice cream for her guests?

answer: no. explanation: she only has enough for 16 people to have a full serving. however, she can give a 17th person a partial serving.