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How much do you have to invest today at 2% compounded monthly to obtain $1,000 in return in 4 years?

How much do you have to invest today at 2% compounded monthly to obtain $1,000 in return in 4 years?
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5 votes
How much do you have to invest today at 2% compounded monthly to obtain $1,000 in return in 4 years?

User AArias
by
8.0k points

1 Answer

3 votes

Answer:6 dollars

Explanation:

Cuz u going to need to buy 3 mc flurries :D

User Cool Guy Yo
by
7.5k points
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