How much would you need to deposit in an account now in order to have $6000 in the account in 15 years? Assume the account earns 5% interest compounded annually. Round your answer to the nearest cent.
How much would you need to deposit in an account now in order to have $6000 in the account in 15 years? Assume the account earns 5% interest compounded annually. Round your answer to the nearest cent.
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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How much would you need to deposit in an account now in order to have $6000 in the account in 15 years? Assume the account earns 5% interest compounded annually. Round your answer to the nearest cent.
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