Mathematics, 28.03.2020 00:13 ConstanceBhoo301

Layne’s parents want $500,000 at the end of 40 years. They are opening an account that yields 4% per year compounded continuously.
How much should they deposit?
Round to the nearest penny.

Answers: 3

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Layne’s parents want $500,000 at the end of 40 years. They are opening an account that yields 4% per...