Answered: If you would like to make $1818 in 3…

If you would like to make $1818 in 3 years, how much would you have to deposit in an account that pays simple interest of 1%?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter5: The Time Value Of Money

Section: Chapter Questions

Problem 4QTD

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