Carol wants to invest money in a 6% cd account that compounds semiannually. carol would like the account to have a balance of $130,000 7-years from now. how much must carol deposit to accomplish her goal?
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Ответ:
the formula for compound interest future value is S=P*((1+i)exp n)-1/i)expt
Explanation:
The answer is $6,186
130000=X*((1+0.06)exp 14)-1/0.06)
X= 6,186
Ответ: