Asked by Kate
How much would you have to invest at 6.3% interest for it to have grown to $67.06 in five years
Answers
Answered by
Reiny
x(1.063)^5 = 67.06
x = 67.06/(1.063)^5 = 49.41
x = 67.06/(1.063)^5 = 49.41
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