(See Steps) Use the continuous compound interest formula to find the indicated value A=$70,000 P = $61,099, r = 6.8%
Question: Use the continuous compound interest formula to find the indicated value
A=$70,000 P = $61,099, r = 6.8% t=?
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![[Step-by-Step] You can afford monthly deposits of](/images/solutions/MC-solution-library-48015.jpg "[Step-by-Step] You can afford monthly deposits of $100 into an account")
[Step-by-Step] You can afford monthly deposits of $100 into an account
(See Steps) Find i (the rate per period) and n (the number of periods)
(Solved) Given the annual rate and the compounding period, find
![[Step-by-Step] Given the rate per compounding period,](/images/solutions/MC-solution-library-48018.jpg "[Step-by-Step] Given the rate per compounding period, find r,")
[Step-by-Step] Given the rate per compounding period, find r,
(See Solution) How much money must be deposited today to become $1850
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