SOLUTION: 1.If you need $20000 six years from now, what is the minimum amount of money you need to deposit into a bank account that pays 3% annual interest COMPOUNDED? a) yearly b) monthly c
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Question 1206608: 1.If you need $20000 six years from now, what is the minimum amount of money you need to deposit into a bank account that pays 3% annual interest COMPOUNDED? a) yearly b) monthly c) daily( 365 days).
2 Answer by ikleyn(52769) (Show Source):
