Mathematics, 25.01.2021 21:40 Nathaliasmiles
use the formula for compound interest: A= P (1+r/n) ^nt
How much of an initial investment is required to insure an accumulated amount of at least $25,000 at the end of 8 years at an annual interest rate of 3.75 % compounded monthly.
Give your answer to the nearest one hundred dollars.
Answers: 2
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use the formula for compound interest: A= P (1+r/n) ^nt
How much of an initial investmen...
How much of an initial investmen...
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