miyayo
27.01.2020 •
Mathematics
Isabel is using the tvm solver on her graphing calculator as shown below to
determine how much she has to invest now in a savings account earning
compound interest to have $14,200 in a certain number of years.
pmt=0
fv=14200
p/y=1
c/y=12
pmteenl begin
according to what isabel has entered into the tvm solver, with what
frequency will the interest in the savings account be compounded?
Solved
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