Annie is opening a savings account which earns 5.2% interest, compounded continuously.
How much will she need to deposit in the account so that she has $2300 after 7 years?
Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.

Respuesta :

Answer:

1686.22

Step-by-step explanation:

2300=P(1+(0.052x7))

2300=P1.364

P=2300/1.364

=1686.217...

=1686.22...

=1686 FOR THE NEAREST DOLLAR