Suppose that in 1634 , a man bought a diamond for $31. Suppose that the man had instead put the $31 in the bank at 3% in

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

Suppose that in 1634 , a man bought a diamond for $31. Suppose that the man had instead put the $31 in the bank at 3% in

Post by answerhappygod »

Suppose That In 1634 A Man Bought A Diamond For 31 Suppose That The Man Had Instead Put The 31 In The Bank At 3 In 1
Suppose That In 1634 A Man Bought A Diamond For 31 Suppose That The Man Had Instead Put The 31 In The Bank At 3 In 1 (12.26 KiB) Viewed 42 times
Suppose that in 1634 , a man bought a diamond for $31. Suppose that the man had instead put the $31 in the bank at 3% interest compounded continuously. What would that $31 have been worth in 2000? In 2000 , the $31 would have been worth $ (Do not round until the final answer. Then round to the nearest dollar as needed.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply