Mathematics, 02.03.2021 22:20 ToonGamesToo

8) 7) John invests a sum of money in a
retirement account with a fixed annual
interest rate of 2.63% compounded
continuously. After 15 years, the balance
reaches $1,912.41. What was the amount
of the initial investment?

Answers: 1

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8) 7) John invests a sum of money in a
retirement account with a fixed annual
interest...

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8) 7) John invests a sum of money in a retirement account with a fixed annual interest rate of 2.63% compounded continuously. After 15 years, the balance reaches $1,912.41. What was the amount of the initial investment?

Answers

Another question on Mathematics

8) 7) John invests a sum of money in a
retirement account with a fixed annual
interest rate of 2.63% compounded
continuously. After 15 years, the balance
reaches $1,912.41. What was the amount
of the initial investment?