Mark M. answered 11/17/22
Tutor
4.9
(953)
Retired math prof. Very extensive Precalculus tutoring experience.
300,000 = Pe(0.03)(25)
Solve for P.
Pablo L.
asked 11/17/22You want to have $300,000 when you retire in 25 years. If you can earn 3% interest compounded continuously, how much would you need to deposit now into the account to reach your retirement goal?
Mark M. answered 11/17/22
Retired math prof. Very extensive Precalculus tutoring experience.
300,000 = Pe(0.03)(25)
Solve for P.
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