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anonymous

  • 5 years ago

In 19 years, a father wants to accumulate $47,000 to pay for his daughter's college expenses. How much should he invest to achieve his goal if he can get 7% interest, compounded continuously? (Round your answer to the nearest cent.) using the formula A=Pe^rt

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  1. anonymous
    • 5 years ago
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    Plug in 47000 for A and solve for P

  2. anonymous
    • 5 years ago
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    how you doing?

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