How much money should be invested in an account that earns 3% interest, compounded monthly, n=12, in order to have $14,000 in 4
years?
P=(answer) (Round your answer to two decimal places)

Question

04-11-2021
Mathematics

Answered

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How much money should be invested in an account that earns 3% interest, compounded monthly, n=12, in order to have $14,000 in 4
years?
P=(answer) (Round your answer to two decimal places)

Sagot :

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