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3 years ago

15

Victoria is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Victoria need to

invest, to the nearest hundred dollars, for the value of the account to reach $3,300 in 13 years?

1 answer:

mamaluj [8]3 years ago

3 0

Answer: P = 2716.3448786 or about 2700

Step-by-step explanation:

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