Register
Sadie is going to invest in an account paying an interest rate of 3.1% compounded annually. How much would Sadie need to invest, to the nearest hundred dollars, for the value of the account to reach $1,
33.4k views
18 votes
Sadie is going to invest in an account paying an interest rate of 3.1% compounded

annually. How much would Sadie need to invest, to the nearest hundred dollars, for
the value of the account to reach $1,030 in 16 years?

User Miedwar
by
7.7k points

1 Answer

10 votes

Answer:

600

Explanation:

math

User Seddikomar
by
8.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!