April invests in an annually compounded account with an interest rate of 4.1%. After 6 years, she plans to have $8600 in her account. For this to be true, what must be her initial investment?

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asked Mar 13, 2022 172k views

8 votes

April invests in an annually compounded account with an interest rate of 4.1%. After 6 years, she plans to have $8600 in her account. For this to be true, what must be her initial investment?

Mathematics
college

Ghada asked

by Ghada

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2 Answers

7 votes

Answer:

Explanation:

i think so

Eugene Laminskiy answered Mar 14, 2022

by Eugene Laminskiy

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3 votes

Answer:

Explanation:

6758

Must round 6757.62 to nearest whole

Jim Yarbro answered Mar 19, 2022

by Jim Yarbro

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