Evan is going to invest in an account paying an interest rate of 4.4% compounded monthly. How

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Evan is going to invest in an account paying an interest rate of 4.4% compounded monthly. How much would Evan need to invest, to the nearest dollar, for the value of the account to reach $41,000 in 8 years?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Feb 24, 2023 03:03 AM

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Evan is going to invest in an account paying an interest rate of 4.4% compounded monthly. How

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Principles of Finance

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