How much money has to be invested at 5.1% interest compounded continuously to have $17,000 after 14 years?

We will use the formula; A = Pe^ (r*t)

Given;

A = 17,000

r = 5.1%

t = 14

Solution; A = Pe^ (r*t) Compounding continously

17,000 = Pe^ (.051*14)

17,000/e^ (.714) = P

$8324.59 = P

The money that has been invested at 5.1% interest and compounded contiounsly to have 17,000 after 14 years is $8324.59