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PLEASE HELP QUICK!!! Henry is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Henry need to invest, to the nearest dollar, …

PLEASE HELP QUICK!!! Henry is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Henry need to invest, to the nearest dollar, …
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17 votes
PLEASE HELP QUICK!!! Henry is going to invest in an account paying an interest rate of 4.3% compounded

continuously. How much would Henry need to invest, to the nearest dollar, for the
value of the account to reach $820 in 13 years?

asked
User Onen Simon
by
8.0k points

1 Answer

14 votes

Answer: P ≈ 469

Explanation:

answered
User Matthias Munz
by
8.3k points
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