2 Homework Assignment K Part 1 of 2 If an investment earns 3% compounded continuously, how much should you deposit now to have $26,000 (A) 48 months from now? (B) 10 years from now? (A) To have $26,000 in 48 months from now, you should deposit $ ☐ . (Round to the nearest cent as needed.) View an example Get more help # 2 3 Q 94 75 MacBook Pro V6 OF & 7 8 9
2 Homework Assignment K Part 1 of 2 If an investment earns 3% compounded continuously, how much should you deposit now to have $26,000 (A) 48 months from now? (B) 10 years from now? (A) To have $26,000 in 48 months from now, you should deposit $ ☐ . (Round to the nearest cent as needed.) View an example Get more help # 2 3 Q 94 75 MacBook Pro V6 OF & 7 8 9
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.1: Exponential Functions
Problem 53E: Interest Ron Hampton needs to choose between two investments: One pays 6% compounded annually, and...
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![2 Homework Assignment
K
Part 1 of 2
If an investment earns 3% compounded continuously, how much should you deposit now to have $26,000
(A) 48 months from now?
(B) 10 years from now?
(A) To have $26,000 in 48 months from now, you should deposit $ ☐ .
(Round to the nearest cent as needed.)
View an example
Get more help
#
2
3
Q
94
75
MacBook Pro
V6
OF
&
7
8
9](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F92b423a2-e41d-434d-99df-8c2f27345887%2F77a24086-ecd6-46bf-838d-b2a0d0e92c31%2F3r6aepg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2 Homework Assignment
K
Part 1 of 2
If an investment earns 3% compounded continuously, how much should you deposit now to have $26,000
(A) 48 months from now?
(B) 10 years from now?
(A) To have $26,000 in 48 months from now, you should deposit $ ☐ .
(Round to the nearest cent as needed.)
View an example
Get more help
#
2
3
Q
94
75
MacBook Pro
V6
OF
&
7
8
9
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