Use this equation and find P if the corporation needs $120,000,000 in 8 years and the fund earns 8% interest compounded continuously.
A) $110,708,538.49
B) $10,500,538.49
C) $10,708,538.49
D) $100,708,538.49
E) $1,708,538.49

Question

Use this equation  and find ​P if the corporation needs $120,000,000 in 8 years and the fund earns 8% interest compounded continuously. ​​
A) ​$110,708,538.49​ 
B) $10,500,538.49 
C) $10,708,538.49 
D) $100,708,538.49 
E) $1,708,538.49

Quizplus · Accepted Answer

The Answer of Use this equation  and find ​P if the corporation needs $120,000,000 in 8 years and the fund earns 8% interest compounded continuously. ​​
A) ​$110,708,538.49​ 
B) $10,500,538.49 
C) $10,708,538.49 
D) $100,708,538.49 
E) $1,708,538.49

Use This Equation and Find ​P If the Corporation

Use This Equation and Find P If the Corporation