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arsen [322]
3 years ago
10

Kenneth needs $5,000 for university in 5 years. His parents plan to invest some money in an account paying interest at a rate of

7.2% per annum, compounded monthly. How much should they invest now to have $5,000 in 5 years.
Mathematics
1 answer:
pochemuha3 years ago
7 0
A lot of money because then they get even more back
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