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14 September, 06:31

How much has to be invested at 5.1% interst compound continuously to have 17,000 after 14 years

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  1. 14 September, 08:54
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    I do not know exactly, but it seems to be correct A = Pe^ (r*t) Compounding continously

    17,000 = Пэ^ (.051*14)

    17,000/e^ (.714) = P

    $8324.59 = P
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