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Piper is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Piper need to invest, to the nearest cent, for the value of the ac…

Piper is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Piper need to invest, to the nearest cent, for the value of the ac…
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Piper is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Piper need to invest, to the nearest cent, for the value of the account to reach $167,000 in 10 years?​

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User Shahryar
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7.5k points

1 Answer

3 votes

Answer: 90739.60

Explanation:

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User Jnortey
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