After 15 years, your investment is worth $15,500. If the investment was compounded continuously at a rate of 6.2%, how much did you initial

\(fv=15500\\ r=0.062\\ n=15\\ fv = pv \cdot e^{r t}\\ pv = fv \cdot e^{-r t} = 15500 \cdot e^{-15(0.062)} = \$6115.58\)

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