File Edit Tab Window Tue Nov 2 3:51 PM 6 Chrome View Bookmarks Profiles History Help 1' Ht. Webassign Math 116 MAT X Section 53 , Math 'i'ie, secti X 6 Diego Deposited A Certain Si X * Course Hero X t Homework Help Q&A fromi X + o C' webassignnet 3;" i g PREVIOUS ANSWERS TANAPCALC10 5.3.014. PRACTICE ANOTHER Present Value of an Investment Diego deposited a certain sum of money in a bank 2 years ago. If the bank had been paying interest at the rate of 7% compounded continuously and he has $13,000 on deposit today, what was his initial deposit? (Round your answer to the nearest cent.) $_x Need Help? 3. [011 Points] Submit Answer 4. [/1 Points] TANAPCALC10 5.3.017. PRACTICE ANOTHER Find the interest rate needed for an investment of $6000 to grow to an amount of $8500 in 3 years if interest is compounded monthly. (Round your answer to the nearest hundredth of a percentage point.) % Need Help? 5. [0/1 Points] PREVIOUS ANSWERS TANAPCALC10 5.3.021. PRACTICE ANOTHER Find the interest rate needed for an investment of $3,000 to quadruple in 6 years if interest is compounded daily. (Round your answer to the nearest hundredth of a percentage point.) x % Need Help? _