Terry has an investment account which compounds interest continuously at an annual interest rate of 1. 4%. After 3 years, he has $1700 in the account. How much money did he initially place in the account? Round your answer to the nearest dollar. Do NOT round until you've calculated the final answer

Question

07-03-2022
Mathematics

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Terry has an investment account which compounds interest continuously at an annual interest rate of 1. 4%. After 3 years, he has $1700 in the account. How much money did he initially place in the account? Round your answer to the nearest dollar. Do NOT round until you've calculated the final answer

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