Mathematics, 22.01.2021 07:40 davidoj13

Emily is going to invest in an account paying an interest rate of 4.4% compounded daily. How much would Emily need to invest, to the nearest hundred dollars, for the
value of the account to reach $31,000 in 8 years?

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Emily is going to invest in an account paying an interest rate of 4.4% compounded daily. How much would Emily need to invest, to the nearest hundred dollars, for the value of the account to reach $31,000 in 8 years?

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Another question on Mathematics

Emily is going to invest in an account paying an interest rate of 4.4% compounded daily. How much would Emily need to invest, to the nearest hundred dollars, for the
value of the account to reach $31,000 in 8 years?