Austin is going to invest in an account paying an interest rate of 2.2% compounded daily. How much would Austin need to invest,

Question

Austin is going to invest in an account paying an interest rate of 2.2% compounded daily. How much would Austin need to invest, to the nearest hundred dollars, for the value of the account to reach $27,000 in 6 years?

Kunduz · Accepted Answer

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