Paisley is going to invest in an account paying an interest rate of 3.4% compounded
daily. How much would Paisley need to invest, to the nearest dollar, for the value of
the account to reach $400 in 16 years?

Question

02-06-2021
Mathematics

Answered

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Paisley is going to invest in an account paying an interest rate of 3.4% compounded
daily. How much would Paisley need to invest, to the nearest dollar, for the value of
the account to reach $400 in 16 years?

Sagot :

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