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How much would you need to deposit in an account now in order to have $6,000.00 in the account in 5 years? Assume the account earns 3% simple interest. You would need to deposit in your account now. Question Help: Video 1 D Video 2 Message instructor Submit Question

How much would you need to deposit in an account now in order to have $6,000.00 in the account in 5 years? Assume the account earns 3% simple interest. You would need to deposit in your account now. Question Help: Video 1 D Video 2 Message instructor Submit Question

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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How much would you need to deposit in an account now in order to have $6,000.00 in the account in 5 vears? Assume the account earns 3% simple interest. You would need to deposit in your account now. Question Help: DVideo1 D Video 2 Message instructor Submit Question 2 64 II
Transcribed Image Text:How much would you need to deposit in an account now in order to have $6,000.00 in the account in 5 vears? Assume the account earns 3% simple interest. You would need to deposit in your account now. Question Help: DVideo1 D Video 2 Message instructor Submit Question 2 64 II
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