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Matthew is going to invest in an account paying an interest rate of 5-5% compounded monthly. How much would Matthew need to invest, to the nearest ten dollars, for the value of the account to reach $221,
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Dec 26, 2022
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Matthew is going to invest in an account paying an interest rate of 5-5% compounded
monthly. How much would Matthew need to invest, to the nearest ten dollars, for the
value of the account to reach $221,000 in 17 years?
Mathematics
college
Yordanka
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Answer: 86950
Explanation:
Ulex
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Dec 31, 2022
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