Trey needs to invest to help with his child's college fund. How much would he have to invest to have $89,600 after 14 years, assuming an interest rate of 2.15% compounded monthly?
Do not round any intermediate computations, and round your final answer to the nearest dollar.

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Ответ:

chem64

12.04.2023

Mathematics

251.327

Step-by-step explanation:

8*10*pi= 251.327

I believe this might be the answer-

or it could possibly be-

92.566

8*10=80

8*pi /2 =12.566

12.566+80=92.566

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Trey needs to invest to help with his child's college fund. How much would he have to invest to have $89,600 after 14 years, assuming an interest rate of 2.15% compounded monthly? Do not round any intermediate computations, and round your final answer to the nearest dollar.