How much money should be invested now (rounded to the nearest cent), called the present value, in a Treasury Bond investment, yi

Question

4 years ago

11

How much money should be invested now (rounded to the nearest cent), called the present value, in a Treasury Bond investment, yi

elding 4.75% per year compounded monthly for 10 years if you wish it to be worth $20,000 after 10 years?
Hint: A(t)=Ao(1+r/n)^nt

a. $12,574.47

b. $31,810.49

c. $12,449.37

d. $19,225.36

Mathematics

2 answers:

Blizzard [7] · Answer 1 · 2021-12-28T13:19:53+03:00

Blizzard [7]4 years ago

6 0

Answer:

A

Step-by-step explanation:

plz mark brainliest

irga5000 [103] · Answer 2 · 2021-12-28T15:42:20+03:00

irga5000 [103]4 years ago

5 0

Answer:

A

Step-by-step explanation: