How much money has to be invested at 5.1% interest compounded continuously to have 17,000 after 14 years ?

The money which is to be invested is 34715.7

Step-by-step explanation:

Given as :

The rate of interest compounded continuously = r = 5.1%

The amount = A = 17,000

The time period = t = 14 years

Let The principal money invested  = P

From compounded continuously method

Amount = Principal ×

Or, A =  P ×

So , 17,000 =  P ×

Or,  17,000 =  P ×

Or, 17,000 =  P ×

Or, 17,000 =  P × 2.0421

∴              P =

I.e             P = 34715.7   unit

Hence The money which is to be invested is 34715.7   Answer

$8324.59

Step-by-step explanation:

Give a <3 ?

step-by-step explanation:

f(x) = - 2/3x + 5; f(5/2)

substitute 5/2 in for x:

f(5/2) = -2/3(5/2) + 5

simplify the right side:

f(5/2) = -5/3 + 5

f(5/2) = 10/3

answer:

f(5/2) = 10/3

i hope this you!