Question
Evan is going to invest in an account paying an interest rate of 4.4% compounded monthly. How much would Evan need to invest, to the
Evan is going to invest in an account paying an interest rate of 4.4% compounded monthly. How much would Evan need to invest, to the nearest dollar, for the value of the account to reach $41,000 in 8 years?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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