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Sheri can invest at 9.3% in a continuous interest account. She would like to have 500,000 at the end of 10 years. How much money should she invest?

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解答

Shericaninvestat9.3%inacontinuousinterestaccount.Shewouldliketohave500,000attheendof10years.Howmuchmoneyshouldsheinvest?

解答

Principal:197276.86
求解步骤
Translate the problem into an equation:500000=Pe0.093⋅10
求解 P,500000=Pe0.093⋅10:P=197276.86
Principal:197276.86

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