document.write( "Question 930439: how much money must be deposited today to become $1250 in 50 years at 4.5% compounded continuously? \n" ); document.write( "
Algebra.Com's Answer #565012 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! how much money must be deposited today to become $1250 in 50 years at 4.5% compounded continuously? \n" ); document.write( "---------------- \n" ); document.write( "A(t) = Pe^(rt) \n" ); document.write( "1250 = P*e^(0.045*50) \n" ); document.write( "P = 1250/(e^0.045*50) \n" ); document.write( "P = $131.75 \n" ); document.write( "===================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "================== \n" ); document.write( " |