Landon is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Landon need to invest, to the nearest hundred dollars, for the value of the account to reach $11,300 in 14 years?

$ 6,189.18

Step-by-step explanation:

From the above question, we can deduce that we are meant to find the Principal (Initial Amount ) invested.

The formula for the Principal of a compound interest that is compounded continuously is given as:

P = A / e^rt

Where

P = Principal

A = Totally Amount after time t = $11,300

r = Interest rate = 4.3 % = 0.043

t = 14 years

P = $11,300/ e ^0.043 × 14

P = $ 6,189.18

Hence, Landon needs to invest, $ 6,189.18

d

step-by-step explanation:

d

the best buy, is the 4- kilogram bag of lollipops for $18.40.

step-by-step explanation:

i found my answer by dividing the cost of each bag by their respective weights.

14.88 divided by 2 = 7.44

17.29 divided by 3 = 5.77

18.4 divided by 4 = 4.6

24.4 divided by 5 = 4.88

by this, i found that the 4 kilo bag is the best buy.