How much money must be put into a bank account yielding 6.42% (compoun
How much money must be put into a bank account yielding 6.42% (compounded annually) in
order to have $1,671 at the end of 11 years (round to nearest $1)?
A) $798 B) $921 C) $886 D) $843
ANSWER
D
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.