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3. Mrs. Chambers wants to have a total of $6,000 in two years so that she can travel around the U.S. during summer vacation. Suppose she finds an account that pays 3.25% interest compounded continuously. How much should Mrs. Chambers put into this account so that she'lI have $6,000 at the end of two years? Show your work/set-up!! Round to the nearest cent. Again, do not use commas or $ in the #'s.

3. Mrs. Chambers wants to have a total of $6,000 in two years so that she can travel around the U.S. during summer vacation. Suppose she finds an account that pays 3.25% interest compounded continuously. How much should Mrs. Chambers put into this account so that she'lI have $6,000 at the end of two years? Show your work/set-up!! Round to the nearest cent. Again, do not use commas or $ in the #'s.

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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3/9 - 3. Mrs. Chambers wants to have a total of $6,000 in two years so that she can travel around the U.S. during summer vacation. Suppose she finds an account that pays 3.25% interest compounded continuously. How much should Mrs. Chambers put into this account so that she'll have $6,000 at the end of two years? Show your work/set-up!! Round to the nearest cent. Again, do not use commas or $ in the #'s. Amount of money to invest: $ 9MI
Transcribed Image Text:3/9 - 3. Mrs. Chambers wants to have a total of $6,000 in two years so that she can travel around the U.S. during summer vacation. Suppose she finds an account that pays 3.25% interest compounded continuously. How much should Mrs. Chambers put into this account so that she'll have $6,000 at the end of two years? Show your work/set-up!! Round to the nearest cent. Again, do not use commas or $ in the #'s. Amount of money to invest: $ 9MI
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