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How much must you invest at one time in order to accumulate $18,000 in 12 years at 5% annual interest? A = P(1+ r)n

How much must you invest at one time in order to accumulate $18,000 in 12 years at 5% annual interest? A = P(1+ r)n
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How much must you invest at one time in order to accumulate $18,000 in 12 years at 5% annual interest? A = P(1+ r)n

User Alex Sunder Singh
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8.6k points

1 Answer

3 votes
$9,620.34

Hope it helps love
-joker7721

User Suleidy
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