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Aubree is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Aubree need to invest, to the nearest dollar, for the value of the a…

Aubree is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Aubree need to invest, to the nearest dollar, for the value of the a…
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Aubree is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Aubree need to invest, to the nearest dollar, for the value of the account to reach $5,600 in 16 years?

asked
User Shaunice
by
8.2k points

2 Answers

4 votes

Answer:

22.2

Explanation:

for nearst tenth

answered
User Umbreen
by
7.7k points
6 votes

Answer:

p=4407

Explanation:

answered
User Ankit HTech
by
8.2k points
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