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How much would you need to deposit in an account now in order to have $2000 in the account in 10 years! Assume the account earns 7% interest compounded monthly

How much would you need to deposit in an account now in order to have $2000 in the account in 10 years! Assume the account earns 7% interest compounded monthly
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25 votes
How much would you need to deposit in an account now in order to have $2000 in the account in 10 years!

Assume the account earns 7% interest compounded monthly

User Neeme Praks
by
8.3k points

1 Answer

1 vote

Answer:

$2000

Explanation:

they gotta take the first bunch then the next

User Mouserat
by
7.8k points
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