SOLUTION: Find the principal needed now to get each amount; that is, find the present value.
To get $800 after 2.5 years at 8% compounded continuously.
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-> SOLUTION: Find the principal needed now to get each amount; that is, find the present value.
To get $800 after 2.5 years at 8% compounded continuously.
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Question 418769: Find the principal needed now to get each amount; that is, find the present value.
To get $800 after 2.5 years at 8% compounded continuously. Answer by Alan3354(69443) (Show Source):
You can put this solution on YOUR website! Find the principal needed now to get each amount; that is, find the present value.
To get $800 after 2.5 years at 8% compounded continuously.
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Amt =~ $654.98