thefinnman thefinnman
  • 27-03-2020
  • Mathematics
contestada

Layne’s parents want $500,000 at the end of 40 years. They are opening an account that yields 4% per year compounded continuously.
How much should they deposit?
Round to the nearest penny.

Respuesta :

sharon44955 sharon44955
  • 27-03-2020
$104,144.52 is the starting amount
Answer Link

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