Register
Liam is going to invest in an account paying an interest rate of 5.7% compounded daily. How much would Liam need to invest, to the nearest ten dollars, for the value of the account to reach $23,000 in
3.0k views
4 votes
Liam is going to invest in an account paying an interest rate of 5.7% compounded daily. How much would Liam need to invest, to the nearest ten dollars, for the value of the account to reach $23,000 in 5 years?

User Paul Tucker
by
4.8k points

1 Answer

1 vote

Answer:

The answer is 17300./ Hope this helps

User Martin Honnen
by
5.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
Can someone help me with 5??? ASAP?
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
Link Copied!