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how much money should be deposited today in an account that earns 4% compounded semiannually so that it will accumulate to $10,000 in three years ( Round up to the nearest cent)?
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how much money should be deposited today in an account that earns 4% compounded semiannually so that it will accumulate to $10,000 in three years ( Round up to the nearest cent)?

User BobbyDazzler
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1 Answer

7 votes
The answer is 40,000
User Jvtech
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