Madeline is going to invest in an account paying an interest rate of 4.4% compounded annually. How much would Madeline need to

Question

Madeline is going to invest in an account paying an interest rate of 4.4% compounded annually. How much would Madeline need to invest, to the nearest ten dollars, for the value of the account to reach $16,600 in 12 years?

Kunduz · Accepted Answer

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