SOLUTION: Find the principal needed now to get each amount; that is, find the present value. To get $800 after 2.5 years at 8% compounded continuously.

Question 418769: Find the principal needed now to get each amount; that is, find the present value.
To get $800 after 2.5 years at 8% compounded continuously.
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Find the principal needed now to get each amount; that is, find the present value.
To get $800 after 2.5 years at 8% compounded continuously.
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Amt =~ $654.98

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