SOLUTION: How much should be invested at 6% compounded monthly in order to have $8500 at the end of ten years?

SOLUTION: How much should be invested at 6% compounded monthly in order to have $8500 at the end of ten years?

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Question 357257: How much should be invested at 6% compounded monthly in order to have $8500 at the end of ten years?
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!

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P = 4671.88

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