contestada

How much would you have to
deposit today to have an
accumulated amount of
$20,000 in 20 years if yearly
interest is 4.75% compounded
continuously?

Respuesta :

MasterChief8065

Answer:

If it went up it would be: 50596.35 and if it went down it would be: 7556.66

Step-by-step explanation:

Here will be the function if it went up:

20000(1+0.0475)^20

Here’s if it went down:

20000(1-0.0475)^20

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