SOLUTION: How much money should be deposited today in an account that earns 44​% compounded semiannually so that it will accumulate to ​$14000 in 77 ​years
Algebra.Com
Question 1073679: How much money should be deposited today in an account that earns 44% compounded semiannually so that it will accumulate to $14000 in 77 years
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Wow sign me up.
Less than a penny, check your numbers and make sure they are all correct.
If they are and you actually invest 1 penny then,
That's almost 200 billion dollars.
RELATED QUESTIONS
How much money should be deposited today in an account that earns 44% compounded... (answered by addingup)
How much money should be deposited today in an account that earns 5% compounded... (answered by rfer)
How much money should be deposited today in an account that earns 4% compounded... (answered by Fombitz)
how much money should be deposited today in an account that earns 8% compounded... (answered by Alan3354)
how much money should be deposited today in an account that earns 5% compounded... (answered by rfer)
how much money should be deposited today in an account that earns 8% compounded... (answered by lwsshak3)
How much money should be deposited today in an account that earns 7 % compounded... (answered by ikleyn,Theo)
How much money should be deposited today in an account that earns 10.5% compounded... (answered by nerdybill)
how much money should be deposited today in an account that earns 3% compounded annually... (answered by oscargut)