Continuous interest formula, A = Pe(rt)
Substituting the figures given,
A = 85000e(0.05 x 5) = 85000e0.25 = 85000 x 1.284025 = 109142.16
556.34
556.34
730.43
It will be worth 457.96
You would need 9687 dollars.
556.34
543.66
635.61
523.97
730.43
661.56
332.01
556.34
It will be worth 457.96
762.73 - 762.75
396.93
392.98 - 392.99