Determine the principal P that must be invested at rate r=31/2
-3%, compounded monthly, so that $500,000 will be available for retirement in t - 17 years.

Question

03-11-2022
Mathematics

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Determine the principal P that must be invested at rate r=31/2
-3%, compounded monthly, so that $500,000 will be available for retirement in t - 17 years.

Sagot :

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