How an aclount in the account in 8 years Assume the account. earns 6% interest CompoyAced monthly much would you need to depesit in in ordey to have $ 6000 now

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question
How
account
much
would you need to deposit in
in order to have $ 6000
an
in he account in 8 years Assume the account.
earns 6% imterest CompoyAcled monthly
now
Transcribed Image Text:How account much would you need to deposit in in order to have $ 6000 an in he account in 8 years Assume the account. earns 6% imterest CompoyAcled monthly now
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