sonia wants to have $11,000 in 8 years. use table 11-2 calculate how much she should invest now ( in $) at 6% interest, compound semiannually in order to reach this goal.( round your answer to the nearest cent.
sonia wants to have $11,000 in 8 years. use table 11-2 calculate how much she should invest now ( in $) at 6% interest, compound semiannually in order to reach this goal.( round your answer to the nearest cent.
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.1: Exponential Functions
Problem 53E: Interest Ron Hampton needs to choose between two investments: One pays 6% compounded annually, and...
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sonia wants to have $11,000 in 8 years. use table 11-2 calculate how much she should invest now ( in $) at 6% interest, compound semiannually in order to reach this goal.( round your answer to the nearest cent.
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