Register

Gabriel is going to invest in an account paying an interest rate of 2.8% compounded continuously. How much would Gabriel need to invest, to the nearest cent, for the value of th…

Gabriel is going to invest in an account paying an interest rate of 2.8% compounded continuously. How much would Gabriel need to invest, to the nearest cent, for the value of th…
asked 122k views
23 votes
Gabriel is going to invest in an account paying an interest rate of 2.8% compounded

continuously. How much would Gabriel need to invest, to the nearest cent, for the
value of the account to reach $85,000 in 13 years?

asked
User Printfmyname
by
8.3k points

1 Answer

6 votes

Answer:

59065.75

Explanation:

answered
User Fex
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!