Determine the Principal P (To the Nearest Cent)that Will Yield $A = 500,000$

question 104

Multiple Choice

Determine the principal P (to the nearest cent) that will yield a balance of $A = 500,000$ dollars when invested at rate $r = 8.5 \%$ for 40 years, compounded continuously. Round the answer to two decimal places.

• A)$611,887.72
• B)$495,364.63
• C)$16,686.63
• D)$13,015.58
• E)$13,608.96

---

Definitions:

Sleep Spindles

Short bursts of brain activity characterized by rapid oscillations, observed in EEG readings during certain stages of sleep.

Manifest Content

According to Freudian psychoanalytic theory, the surface level of dreams, containing the dream symbols that are remembered upon waking.

Latent Content

In psychoanalysis, the deeper, symbolic meanings and thoughts that lie beneath the manifest content of dreams or actions.

Psychoanalytic Term

Refers to concepts and terminology associated with psychoanalysis, a theoretical framework and therapeutic approach to understand and treat psychological disorders, developed by Sigmund Freud.