document.write( "Question 1136869: A trust fund is being set up by a single payment so that at the end of 30years there will be 50,000 dollars in the fund. If the interest is compoundedcontinuously at an annual rate of 6 percent, how much money should be paidinto the fund initially? \n" ); document.write( "

Algebra.Com's Answer #754699 by ikleyn(52786) $\"\"$ $\"About$

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document.write( "Future value  50000 = ,\r\n" );
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document.write( "where P is the principal amount, which is the value under the question in this problem.\r\n" );
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document.write( "From the equation,\r\n" );
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document.write( "    P =  =  = 1366.19 dollars.    ANSWER\r\n" );
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