Suppose that in 1669 , a man bought a diamond worth the equivalent of
$19
. Suppose that the man had instead been able to put the equivalent of
$19
in a bank at
3%
interest compounded continuously. What would that
$19
have been worth in 2000 ? In 2000, the
$19
would have been worth
$

?
(Do not round until the final answer. Then round to the nearest dolar as needed.)

Question

Suppose that in 1669 , a man bought a diamond worth the equivalent of

$19

. Suppose that the man had instead been able to put the equivalent of

$19

in a bank at

3%

interest compounded continuously. What would that

$19

have been worth in 2000 ? In 2000, the

$19

would have been worth

$

?

(Do not round until the final answer. Then round to the nearest dolar as needed.)

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Expert Answer to - Suppose that in 1669 , a man bought a diamond worth the equivalent of $19. Suppose that the man had

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Solution for - Suppose that in 1669 , a man bought a diamond worth the equivalent of $19. Suppose that the man had

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(Solved): Suppose that in 1669 , a man bought a diamond worth the equivalent of $19. Suppose that the man had ...