If you need $20,000 in your bank account in 6 years, how much must be deposited now?
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If you need $20,000 in your bank account in 6 years, how much must be deposited now? The interest rate is 10%, compounded continuously.
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Related Book For
Applied Calculus
ISBN: 9781119275565
6th Edition
Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale
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