Jocelyn is going to invest in an account paying an interest rate of 2.3% compounded continuously. How much would Jocelyn need to

Question

Jocelyn is going to invest in an account paying an interest rate of 2.3% compounded continuously. How much would Jocelyn need to invest, to the nearest hundred dollars, for the value of the account to reach $550 in 15 years?

Kunduz · Accepted Answer

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