Sue wants to have $ 7 4 0 0 in a compound interest account paying 5 .

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Question:

Sue wants to have $

7400

in a compound interest account paying

5.8 %

interest compounded monthly over a time period of

12

years. How much money should Sue invest today to achieve her financial goal?

Posted Date: May 18, 2024 09:09 PM

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Sue wants to have $ 7 4 0 0 in a compound interest account paying 5 .

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