Question

Nathan is going to invest in an account paying an interest rate of 6% compounded continuously. How much would Nathan need to invest, to the nearest ten dollars, for the value of the account to reach $1,200 in 8 years?

Answer 1

Answer:

731.48

Step-by-step explanation:

you take 6 percent form 100 percent with give 94 percent

then you times 1200 by 94 percent 8 times to get awnser

Answer 2

Answer:700

Step-by-step explanation: