Question: The answer is not $12,295 What is the required initial investment amount needed if I want to accumulate $2,000,000 in 40 years and I make

The answer is not $12,295

What is the required initial investment amount needed if I want to accumulate $2,000,000 in 40 years and I make 4 deposits per year of $1,500 into a fund that offers a return of 8% APR compounded continuously? $10,299 $857,769 $12.295 $152.750

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