SOLUTION: Randy invested his inheritance in an account that paid 6.1% interest, compounded continuously. After 5 years, he found that he now had $51,426.94. What was the original amount of h

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Randy invested his inheritance in an account that paid 6.1% interest, compounded continuously. After 5 years, he found that he now had $51,426.94. What was the original amount of h      Log On

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Question 251297: Randy invested his inheritance in an account that paid 6.1% interest, compounded continuously. After 5 years, he found that he now had $51,426.94. What was the original amount of his inheritance?
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
http://cs.selu.edu/~rbyrd/math/continuous/