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(HELP ASAP PLEASE) Determine the amount of money you need to invest to have $26,000 dollars in 3 years if you invest it at 2.5% annual interest, compounded monthly. A. $12,376.53 B. $24,123.21 C. $28,838.
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(HELP ASAP PLEASE)

Determine the amount of money you need to invest to have $26,000 dollars in 3 years if you invest it at 2.5% annual interest, compounded monthly.

A. $12,376.53
B. $24,123.21
C. $28,838.17
D. $28,022.80

User Sanderd
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1 Answer

3 votes

This is what I got ans I used calculator but it is not in any of your answer but the closest to it is answer D. Hope it helps you☺

(HELP ASAP PLEASE) Determine the amount of money you need to invest to have $26,000 dollars-example-1
User Chuck Wooters
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