kaitherusher
18.11.2020 •
Mathematics
Matthew is going to invest in an account paying an interest rate of 5.5% compounded monthly. How much would Matthew need to invest, to the nearest ten dollars, for the value of the account to reach $221,000 in 17 years?
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Ответ:
P=86950
Step-by-step explanation:
A=P(1+r/n)^nt
Compound interest formula
A=221000
t=17
r=0.055
n=12
Ответ: