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finlep [7]
3 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]3 years ago
6 0

Answer:

A

Step-by-step explanation:

plz mark brainliest

irga5000 [103]3 years ago
5 0

Answer:

A

Step-by-step explanation:

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