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How much money must you invest now at ​4.4% interest compounded continuously in order to have​ $10,000 at the end of ​6 years?

How much money must you invest now at ​4.4% interest compounded continuously in order to have​ $10,000 at the end of ​6 years?
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How much money must you invest now at ​4.4% interest compounded continuously in order to have​ $10,000 at the end of ​6 years?

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User Yosem
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1 Answer

2 votes
Oh gosh i have not done this since 8th grade! Ok I think it is, A= $ 12,948.1
Im sorry if it is wrong, A=P(1+r/n) ^nt
answered
User Niek De Klein
by
8.9k points
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