Mathematics, 10.05.2021 18:20, drice517

Anthony is going to invest in an account paying an interest rate of 7% compounded continuously. How much would Anthony need to invest,
to the nearest cent, for the value of the account to reach $238,000 in
13 years?

Answers: 1

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Anthony is going to invest in an account paying an interest rate of 7% compounded continuously. How much would Anthony need to invest, to the nearest cent, for the value of the account to reach $238,000 in 13 years?

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Anthony is going to invest in an account paying an interest rate of 7% compounded continuously. How much would Anthony need to invest,
to the nearest cent, for the value of the account to reach $238,000 in
13 years?