lilybooth14202143 lilybooth14202143

09-05-2024
Mathematics

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question
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Lamonte is going to invest in an account paying an interest rate of 4% compounded
continuously. How much would
Lamonte need to invest, to the nearest cent, for the
value of the
account to reach $12,300 in 8 years?
Answer Attempt 1 out of 2

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