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Noah is going to invest in an account paying an interest rate of 3.7% compounded annually. How much would Noah need to invest, to the nearest hundred dollars, for the value of t…

Noah is going to invest in an account paying an interest rate of 3.7% compounded annually. How much would Noah need to invest, to the nearest hundred dollars, for the value of t…
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Noah is going to invest in an account paying an interest rate of 3.7% compounded annually. How much would Noah need to invest, to the nearest hundred dollars, for the value of the account to reach $1,110 in 13 years?

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User Zachar
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8.4k points

1 Answer

5 votes

Answer:700

Explanation:

answered
User Orhan Yazar
by
8.6k points
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