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need help to solve, please see attached Diego deposited a certain sum of money in a bank 2 years ago. The bank had been paying
need help to solve, please see attached
Diego deposited a certain sum of money in a bank 2 years ago. The bank had been paying interest at the rate of 6% compounded continuously and he has $13,000 on deposit today. Examine the information above and state each of the following values as they relate to the present value formula for continuous compound interest, P = Ae'\". (Determine the value ofA in dollars.) A $: What was Diego's initial deposit (in dollars)? (Round your answer to the nearest cent.) $:lStep by Step Solution
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