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

Jose is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Jose need to invest, to the nearest cent, for the value of the acco…
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Jose is going to invest in an account paying an interest rate of 6.1% compounded continuously. How much would Jose need to invest, to the nearest cent, for the value of the account to reach $152,000 in 9 years?

asked
User Remus
by
8.2k points

1 Answer

2 votes

Answer:

P≈ 87784.11

Explanation:

i don't know, I saw the solution on Delta Math

​

answered
User Ojus
by
8.2k points
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