How much money should be invested today to accumulate to $10,000 in 10 years at 4.5% compounded monthly?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 10E
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How much money should be invested today to accumulate to $10,000 in 10 years at 4.5% compounded monthly?

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