SOLUTION: How much should be invested today at 6.15% compounded monthly to have $12,000 in 7 years?
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Question 1059647: How much should be invested today at 6.15% compounded monthly to have $12,000 in 7 years?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
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$7,810.79 must be invested today
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check:
OK
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