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Aubree is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Aubree need to invest, to the nearest dollar, for the value of the account to reach $5,600 in
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Aubree is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Aubree need to invest, to the nearest dollar, for the value of the account to reach $5,600 in 16 years?

User Shaunice
by
8.4k points

2 Answers

4 votes

Answer:

22.2

Explanation:

for nearst tenth

User Umbreen
by
7.7k points
6 votes

Answer:

p=4407

Explanation:

User Ankit HTech
by
8.2k points
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