Question 907110: An investment earns 9% compounded continuously. What amount should be invested now to have $14000 in 9 years. Round to the nearest cent. Answer by reviewermath(1029) (Show Source):
You can put this solution on YOUR website! An investment earns 9% compounded continuously. What amount should be invested now to have $14000 in 9 years. Round to the nearest cent.
Let x = amount invested today = dollars