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Three years ago, Shalanda invested $ 7 , 4 6 0 . 0 0 . She has earned and will earn compound interest of 3
Three years ago, Shalanda invested $ She has earned and will earn compound interest of percent per year. In one year from today, Rhea can make an investment and earn simple interest of percent per year. If Rhea wants to have as much in years from today as Shalanda will have in years from today, then how much should Rhea invest in one year from today?
An amount equal to or greater than $ but less than $
An amount less than $ or an amount greater than $
An amount equal to or greater than $ but less than $
An amount equal to or greater than $ but less than $
An amount equal to or greater than $ but less than $
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