Mathematics, 16.11.2020 16:30 bale4

Tim has an investment account which compounds interest continuously at a rate of 1.6%. After 5 years, he has $2400 in the account. How much money did he initially place in the account? Round your answer to the nearest dollar.

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Tim has an investment account which compounds interest continuously at a rate of 1.6%. After 5 years...

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