Zoey is going to invest in an account paying an interest rate of 3.4% compounded quarterly. How much would Zoey need to invest, to the nearest ten dollars, for the value of the account to reach $81,000

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asked Nov 10, 2021 40.5k views

4 votes

Zoey is going to invest in an account paying an interest rate of 3.4% compounded

quarterly. How much would Zoey need to invest, to the nearest ten dollars, for the
value of the account to reach $81,000 in 8 years??

Mathematics
high-school

Dr Rob Lang asked

by Dr Rob Lang

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1 Answer

2 votes

Answer:

61780

Explanation:

Stiin answered Nov 15, 2021

by Stiin

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