How much money must be deposited today to become $1450 in 50 years at 4.5% compounded continuously. round to the nearest cent if needed

Answer

Find out the how much money must be deposited today to become $1450 in 50 years at 4.5% compounded continuously .

To prove

Formula

Where rate is in the decimal form

As given

$1450 in 50 years at 4.5% compounded continuously.

Put all the values in the formula

Rate in the decimal form.

= 0.045

Compound interest = $1450

Principle= $ 160.58 (approx)

As 1 dollar = 100 cent

Now convert amount into the cent .

Principle=  160.58 × 100 cent

             = 16058 cent

Therefore the amount deposit in the account is 16058 cent.

4sqrt5

step-by-step explanation:

the base has dimensions of 8 x 4, so the diagonal is 64 + 16 square rooted or 4sqrt5.

no association

step-by-step explanation:

if you have eyes and you can use them efficiently you can see that it just looks like random dots like do a line of best fit and like they're so spread out it's such a weak association you might as well consider it nonexistent