Chris has an account that pays 3.64% simple interest per year and wants to accumulate $3,080 in interest from it over the next 1
2 years. How much money should Chris invest in this account to meet this goal?
1 answer:
Answer:
Step-by-step explanation: A=p(1±r%)>t
A=3,080(1+3.64%)>12
=4730. 200
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