How much money should be deposited today in an account that earns 7% compounded semiannually so that it will accumulate to $ 10,000 in three years? $8135.01 $8035.20 $8531.00 $8133.01
How much money should be deposited today in an account that earns 7% compounded semiannually so that it will accumulate to $ 10,000 in three years? $8135.01 $8035.20 $8531.00 $8133.01
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Transcribed Image Text:How much money should be deposited today in an
account that earns
7 % compounded semiannually so that it will
accumulate to
$ 10,000 in three years?
$8135.01
$8035.20
$8531.00
$8133.01
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