Register
How much must you invest today in order to produce proceeds of $1,000,000 six months from today at a rate of 1.1%?
87.0k views
1 vote
How much must you invest today in order to produce proceeds of $1,000,000 six months from today at a rate of 1.1%?

User Jacob Stern
by
8.2k points

1 Answer

4 votes

Answer:

1,066,000

Step-by-step explanation:

it is 6.6% of the money added to 1,000,000

User Sabreen
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!