princess02barber princess02barber
  • 18-02-2021
  • Mathematics
contestada

Michael is going to invest in an account paying an interest rate of 5.8% compounded
monthly. How much would Michael need to invest, to the nearest dollar, for the value
of the account to reach $260 in 12 years?

Respuesta :

emmauni2bad456 emmauni2bad456
  • 02-03-2021

Answer:

P=130

Step-by-step explanation:

Answer Link

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