Question

Approximately how much principal would need to be placed into an account earning 3.575% interest compounded quarterly so

that it has an accumulated value of $68,000 at the end of 30 years?
a $23,706
b. $23,377
$52,069
d. $58,944
C

Answer 1

b

Step-by-step explanation:

Answer 2

Answer: b
Explication: b