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Paisley is going to invest in an account paying an interest rate of 3.4% compounded daily. How much would Paisley need to invest, to the nearest dollar, for the value of the account to reach $400 in 16
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Paisley is going to invest in an account paying an interest rate of 3.4% compounded

daily. How much would Paisley need to invest, to the nearest dollar, for the value of
the account to reach $400 in 16 years?

User Emersonthis
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1 Answer

2 votes

Answer:

232

Explanation:

Paisley is going to invest in an account paying an interest rate of 3.4% compounded-example-1
User Elliott De Launay
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