christinaelenap6py1u christinaelenap6py1u
  • 09-10-2022
  • Mathematics
contestada

You deposit a lump sum P in a trust fund on the day your child is born. The fund earns 6.5% interest compounded continuously. Find the amount P that will
yield the given balance A on your child's 27th birthday. (Round your answer to the nearest cent.)
A = $3,000,000
P= $

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