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Blake is going to invest in an account paying an interest rate of 3% compounded annually. How much would Blake need to invest, to the nearest ten dollars, for the value of the a…

Blake is going to invest in an account paying an interest rate of 3% compounded annually. How much would Blake need to invest, to the nearest ten dollars, for the value of the a…
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Blake is going to invest in an account paying an interest rate of 3% compounded annually. How much would Blake need to invest, to the nearest ten dollars, for the value of the account to reach $83,000 in 16 years?

asked
User John Bartholomew
by
8.0k points

1 Answer

3 votes

Answer:

51720

Explanation:

answered
User Moaaz
by
8.3k points
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