Question: In Exercises complete the table by determining the amount of money P (present value) that should be invested at rate r to produce a balance
In Exercises complete the table by determining the amount of money P (present value) that should be invested at rate r to produce a balance of $100,000 in t years.

r = 2%
Compounded daily
t P 1 10 20 30 40 50
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100000 P1 965 t P 1 980... View full answer
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