Onnie is considering doing some long term investing with money that she inherited. she would like to have $50,000 at the end of 30 years. approximately how much money would lonnie need to put into an account earning 6% interest compounded annually in order to meet her goal?
At the beginning of year 1, carlos invests $600 at an annual compound interest rate of 4%. he makes no deposits to or withdrawals from the account. which explicit formula can be used to find the account's balance at the beginning of year 5? what is, the balance?
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