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? - QAmmunity.org

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?

asked Mar 13, 2022 172k views

2 Answers

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