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PLEASE HELP FAST 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
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16 votes
PLEASE HELP FAST

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 Derenio
by
8.5k points

2 Answers

9 votes

Answer:

where is the explanation

User Faris Dewantoro
by
8.3k points
6 votes

Answer:

630

Explanation:

User Neha Tyagi
by
7.8k points
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