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PLEASE HELP!!!! Parker is going to invest in an account paying an interest rate of 3.1% compounded daily. How much would Parker need to invest, to the nearest dollar, for the value of the account to reach
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PLEASE HELP!!!!

Parker is going to invest in an account paying an interest rate of 3.1% compounded daily. How much would Parker need to invest, to the nearest dollar, for the value of the account to reach $4,000 in 8 years?

User Kamaria
by
3.3k points

2 Answers

6 votes

Answer:

$3121

Explanation:

User Thedarkpassenger
by
3.7k points
2 votes

Answer:

$3121

Explanation:

User Geshe
by
3.8k points
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