document.write( "Question 907684: How much money should you deposit into a certificate of deposit that pays 3 % a year compounded continuously to have dollar-sign 80,000 in the account in 18 years? \n" ); document.write( "
Algebra.Com's Answer #550491 by jim_thompson5910(35256)\"\" \"About 
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\"A+=+P%2Ae%5E%28r%2At%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"80000+=+P%2Ae%5E%280.03%2A18%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"80000+=+P%2Ae%5E%280.54%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"80000+=+P%2A1.71600686\"\r
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\n" ); document.write( "\n" ); document.write( "\"80000%2F1.71600686+=+P\"\r
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\n" ); document.write( "\n" ); document.write( "\"46619.8602492767+=+P\"\r
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\n" ); document.write( "\n" ); document.write( "\"P+=+46619.8602492767\"\r
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\n" ); document.write( "\n" ); document.write( "\"P+=+46619.86\" Round to the nearest penny.\r
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\n" ); document.write( "\n" ); document.write( "You need to deposit $46,619.86 into the CD
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