Lesson 10 - Mr. Suderman's Math Website

a) $240 invested at 12% compounded continuously after 3 yrs. b) $90 invested at 7% compounded continuously after 3 ¾ yrs. 2. Find the principal needed now to get each amount. a) To get $1000 after 1 year at 12% compounded continuously. b) To get $800 after 2 ½ years, 8% compounded continuously. 3. Jerry will be buying a new car for $15000 in ... ................
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