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To have 50,000 in 5 years, how much should you invest if the compound interest is 5%?​

To have 50,000 in 5 years, how much should you invest if the compound interest is 5%?​
asked 161k views
14 votes
To have 50,000 in 5 years, how much should you invest if the compound interest is 5%?​

asked
User Arabia
by
8.0k points

1 Answer

6 votes

ANSWER

47,500

STEP BY STEP:

answered
User Karl Von Moor
by
8.2k points
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