indiamadisonwi indiamadisonwi

05-12-2017
Mathematics

contestada

how much money has to be invested at 5.9% interest compounded continuously to have 15000 after 12 years

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lucascraft144owyu1a lucascraft144owyu1a

05-12-2017

A(t) = P*e^(rt)
15000 = P*e^(0.059*12)
P = 15000/2.0299
P = $7389.43

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acelynnshamrockk acelynnshamrockk

16-10-2019

Answer:$7389.43

Step-by-step explanation:

Apex

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