Question:

A company has agreed to pay 4 7 million in 6 years to settle

Last updated: 2/15/2023

A company has agreed to pay 4 7 million in 6 years to settle

A company has agreed to pay 4 7 million in 6 years to settle a lawsuit How much must it invest in an account paying 9 annual inte monthly to have that amount when it is due What is the interest rate per period Type an integer or decimal rounded to four decimal places as needed