In Problems 51-54, calculate the time necessary to achieve an investment goal. Give your answer to the

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In Problems 51-54, calculate the time necessary to achieve an investment goal. Give your answer to the nearest day. Use a 365-day year

$\$ 5,000$ at $4.5 \%$ compounded continuously; deposit $\$ 3,500$

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Nature Of Mathematics

ISBN: 9781133947257

13th Edition

Authors: Karl J. Smith

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Question Posted: Jan 28, 2024 01:01 AM

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In Problems 51-54, calculate the time necessary to achieve an investment goal. Give your answer to the nearest day. Use a 365-day year $\$ 5,000$ at $5 \%$ daily interest; deposit $\$ 3,500$
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In Problems 51-54, calculate the time necessary to achieve an investment goal. Give your answer to the

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Given an initial amount of 5000 an annual interest rate of 45 compounded continuously and a goal amo...View the full answer

Nature Of Mathematics

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