document.write( "Question 1201578: Simeon wants to invest an amount now that will have a total value of $10 000 after 5 years. The compounded interest rate of the investment is 12% per annum. Calculate the amount that Simeon will have to invest today to receive $10 000 at the end of year five \n" ); document.write( "
Algebra.Com's Answer #836037 by Glaviolette(140)![]() ![]() You can put this solution on YOUR website! |