How much money should be deposited today in an account that earns 6.5% compounded monthly so that it will accumulate to $9000 in three years? Click the icon to view some finance formulas. ………. $0. The amount of money that should be deposited is $ (Round up to the nearest cent.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
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18: Answer
K
How much money should be deposited today in an account that earns 6.5% compounded monthly so that it will
accumulate to $9000 in three years?
Click the icon to view some finance formulas.
The amount of money that should be deposited is $.
(Round up to the nearest cent.)
Q
DC
a
.….….
np
HM
Transcribed Image Text:K How much money should be deposited today in an account that earns 6.5% compounded monthly so that it will accumulate to $9000 in three years? Click the icon to view some finance formulas. The amount of money that should be deposited is $. (Round up to the nearest cent.) Q DC a .….…. np HM
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