Homework Help: mATH

Posted by l;ll;,l on Tuesday, November 20, 2012 at 6:15pm.

How much money has to be invested at 3.3% interest compounded continuously to have $45,000 after 19 years?

mATH - Steve, Tuesday, November 20, 2012 at 6:33pm
45000 = P*e^(.033*19)
P = 24038.60

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