Friday 23 February 2018

You want to have $100,000 in 2 years. If you found an investment account that pays you 9% annual rate with monthly compounding


You want to have $100,000 in 2 years. If you found an investment account that pays you 9% annual rate with monthly compounding, how much do you need to deposit today? A. 84,593 B. 85,168 C. 84,168 D. 83,693 E. 83,583

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