laerik05 laerik05

20-06-2017
Mathematics

contestada

How much would Carol have to invest today at 6.2% compounded annually to have $4600 for a vacation to China in two years?

Respuesta :

jorel1380 jorel1380

28-06-2017

4600=P(1.062)²
P=4078.58
Carol would have to invest $4078.58 today to reach the desired goal. ☺☺☺☺

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