Find the principal P that will generate the given future value A, where A = $13,000 at 7% compounded annually for 11 years. The

Question

Find the principal P that will generate the given future value A, where A = $13,000 at 7% compounded annually for 11 years.
The principal P will be approximately $ .... (Round to two decimal places as needed.)

Kunduz · Accepted Answer

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