SOLUTION: An account now contains %8,000 and has been accumulating 8% annual interest, compounded continuously. How much was in the account 6 years ago?

Algebra ->  Logarithm Solvers, Trainers and Word Problems -> SOLUTION: An account now contains %8,000 and has been accumulating 8% annual interest, compounded continuously. How much was in the account 6 years ago?      Log On


   

Question 395430: An account now contains %8,000 and has been accumulating 8% annual interest, compounded continuously. How much was in the account 6 years ago?
Answer by Alan3354(69443) About Me  (Show Source):