Q: How much money has to be invested at 4.3 percent interest compounded continuously to have 19000 dollars after 16 years?

Write your answer...

Submit

Still have questions?

Continue Learning about Math & Arithmetic

249.88 dollars

If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.

$125 times (1.08)14 = $367.15 (rounded)

1000 x (1.01)12 = $1126.83

It depends on the interest rate at which the amount is invested.

Related questions

If 1500 dollars is invested at an interest rate of 3.5 percent per year compounded continuously, after 3 years it's worth $1666.07, after 6 years it's $1850.52, and after 18 years it's worth $2816.42.

249.88 dollars

$280.51

If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.

If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .

4000 x (1.0610) = $7163.39

$125 times (1.08)14 = $367.15 (rounded)

1000 x (1.01)12 = $1126.83

It depends on the interest rate at which the amount is invested.

This is calculated as 500 x 1.094.

72

The answer depends on the rate of interest.