SOLUTION: What initial investment at 9% compounded continuously for 6 years will accumulate to $80,000?

Algebra ->  Logarithm Solvers, Trainers and Word Problems -> SOLUTION: What initial investment at 9% compounded continuously for 6 years will accumulate to $80,000?       Log On


   



Question 870444: What initial investment at 9% compounded continuously for 6 years will accumulate to $80,000?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
A = P e ^(rt)
80000/e^(.54)