Question:

2a How much money would need to be deposited today in order

Last updated: 10/30/2023

2a How much money would need to be deposited today in order

2a How much money would need to be deposited today in order to grow to 50 000 in an account earning 3 5 compounded quarterly after 20 years Round to the nearest cent 2b How long would it take for a deposit of 10 000 to triple if placed into an account paying 2 75 interest compounded continuously Round your answer to one decimal place