Multiple Choice
You have $5,436.60 in an account that pays 9.40% interest,compounded continuously.If you deposited some funds 12 years ago,how much was your original deposit? Round your answer to the nearest dollar.
A) $1,637
B) $1,760
C) $1,566
D) $2,006
E) $1,461
Correct Answer:
Verified
Related Questions
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents