A number has 2 tens and 15 ones. Write the number in words
2 answers:
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Lets solve the problem through compound interest formula,
The number of months are 360
The account pay interest rate is 5.1 %compounded monthly.
The amount withdraws each month is $2154
The value of n is 360.
The value of is<em> i</em> is 5.1%
So,
Hence the value of principal is $396721.78
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