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Madison is going to invest in an account paying an interest rate of 5.1% compounded quarterly. How much would Madison need to invest, to the nearest hundred dollars, for the value of the account to reach
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Madison is going to invest in an account paying an interest rate of 5.1% compounded quarterly. How much would Madison need to invest, to the nearest hundred dollars, for the value of the account to reach $310 in 12 years?

User Xuan
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9 votes

Answer:

200

Explanation:

User Olf
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