Mathematics, 27.03.2021 02:00 lalalooowt
Use the present value formula to determine the amount to be invested now, or the present value needed.
The desired accumulated amount is $50,000 after 14 years invested in an account with 4.9% interest compounded monthly.
The amount to be invested now, or the present value needed, is $
(Round to the nearest cent as needed.)
Answers: 1
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Use the present value formula to determine the amount to be invested now, or the present value neede...
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