question archive 1) How much money must you invest now at 3

1) How much money must you invest now at 3

Subject:MathPrice: Bought3

1) How much money must you invest now at 3.5% interest compounded continuously in order to have $20,000.00 at the end of 10 years?

2) Investment A is currently worth $5,000.00 and is growing at the rate of 2% per year compounded continuously. Investment B is currently worth $3,000.00 and is growing at the rate of 3% per year compounded continuously. After how many years will the two investments have the same value?

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