Eva is going to invest in an account paying an interest rate of 6.5% compounded annually. How
Fantastic news! We've Found the answer you've been seeking!
Question:
Eva is going to invest in an account paying an interest rate of 6.5% compounded annually. How much would Eva need to invest, to the nearest cent, for the value of the account to reach $41,000 in 13 years?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Posted Date: