SOLUTION: If a bank pays 10% compounded monthly, how much should be deposited now to have $1300 :
a) 4 years later
Answer = $
b) 8 years later
Answer = $
Algebra ->
Finance
-> SOLUTION: If a bank pays 10% compounded monthly, how much should be deposited now to have $1300 :
a) 4 years later
Answer = $
b) 8 years later
Answer = $
Log On
Question 729464: If a bank pays 10% compounded monthly, how much should be deposited now to have $1300 :
a) 4 years later
Answer = $
b) 8 years later
Answer = $ Answer by solver91311(24713) (Show Source):