A trust fund is to be set up by a single payment so that at the end of 10 years there will be $1,000,000 in the fund.If interest is compounded continuously at an annual rate of 9%,to the nearest dollar,how much money should be paid into the fund initially?

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The Answer of A trust fund is to be set up by a single payment so that at the end of 10 years there will be $1,000,000 in the fund.If interest is compounded continuously at an annual rate of 9%,to the nearest dollar,how much money should be paid into the fund initially?

A Trust Fund Is to Be Set Up by a Single