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How much money should you invest in an account earning 7% annual interest
[From: ][author: ][Date: 12-04-28][Hit: ]
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How much money should you invest in an account earning 7% annual interest, in order for it to grow to one million dollars in 50 years, assuming continous compounding?
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1000000=Pe^(.07*50)
aprox. 30200
1
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