addooley1
addooley1 addooley1
  • 30-01-2022
  • Mathematics
contestada

if you want to have 60,000 and 8 years how much do you need to deposit in the bank today if the account pays an interest rate of 9% ?
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Respuesta :

moonowl95014 moonowl95014
  • 30-01-2022

Answer: $30111.98

Step-by-step explanation:

60,000=x(1+0.09)^8

60,000=1.99256264169x

x=$30111.98

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