Solving A Pet for P we obtain P Ae rt which is the present

Last updated: 4/29/2023

Solving A Pet for P we obtain P Ae rt which is the present value of the amount A due in t years if money earns interest at an annual nominal rate r compounded continuously For the function P 19 000e 0 04t in how many years will the 19 000 be due in order for its present value to be 17 000 In years the 19 000 will be due in order for its present value to be 17 000 Type an integer or decimal rounded to the nearest hundredth as needed