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Luke is going to invest in an account paying an interest rate of 5.9% compounded daily. How much would Luke need to invest, to the nearest cent, for the value of the account to reach $114,000 in 19 years?
asked
Feb 24, 2022
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Luke is going to invest in an account paying an interest rate of 5.9% compounded
daily. How much would Luke need to invest, to the nearest cent, for the value of the
account to reach $114,000 in 19 years?
Mathematics
high-school
Kinghomer
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Answer:
37162.09
Explanation:
Rohini
answered
Mar 1, 2022
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Rohini
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