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How much money should be deposited today in an account that earns 4 % compounded monthly so that it will accumulate to $15,000 in three​ years? ​
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1 vote
How much money should be deposited today in an account that earns

4 %

compounded monthly so that it will accumulate to

$15,000

in three​ years?


​

User Akhilesh Mishra
by
5.3k points

1 Answer

3 votes

Answer:

21,600

Explanation:

User Appersiano
by
5.2k points
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