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Problem 5.9 Roy Gross is considering an investment that pays 5.00 percent. How much will he have to invest today so that the investment will

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Problem 5.9 Roy Gross is considering an investment that pays 5.00 percent. How much will he have to invest today so that the investment will be worth $23,000 in six years? (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your final answer to the nearest penny.) Amount to be invested today Question Attempts: 0 of 3 used gnment/test/gprint.uni 5/26/2015

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