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List THREE different combinations of variables that will allow you to achieve a target value of $3000. Reaching the Goal The graph of the balance
List THREE different combinations of variables that will allow you to achieve a target value of $3000.
Reaching the Goal The graph of the balance of an investment is given. You can vary the initial value, annual percentage rate (APR), and the number of compounding periods per year to change the curve. Also you can use the Time slider and Target Value slider to see how long it takes for the balance to reach the target value. Initial value $250 10,000 9,000 8,000 2 7,000 O 6,000 a> 5,000 4,000 3,000 2,000 1,000 APR 10% Type of Compounding annual semiannual quarterly monthly daily Time 0 1 2 3 4 5 6 78 9 10 11 12 13 14 15 6 Time (years) arget value 8,000Step by Step Solution
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