Lucy is going to invest in an account paying an interest rate of 7% compounded daily. How much would Lucy need to invest, to the nearest dollar, for the value of the account to reach $84,000 in 6 years?

asked Oct 3, 2022 2.8k views

3 votes

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2 votes

Answer:

Lucy needs to invest $55,194.16

Explanation:

Grillo answered Oct 6, 2022

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