Question 659636

let {{{x}}} be initial investment

initial investment at {{{6.5}}}% compounded continuously for {{{6}}} years will accumulate to ${{{70000}}}

{{{x+ 0.065x*6=70000}}}

{{{x+ 0.39x=70000}}}

{{{1.39x=70000}}}

{{{x=70000/1.39}}}

{{{x=50359.7}}}