6. 3.33 How much money must be invested each quarter if Adkef Technologies wants to accumulate $825,000

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6. 3.33 How much money must be invested each quarter if Adkef Technologies wants to accumulate $825,000 in 5 years in a fund that grows at a rate of 16% per year compounded continuously? Solve this problem using the factor formula and either the EXP or EFFECT function on a spreadsheet, or as instucted.

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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