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27-04-2024
Mathematics

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How much money should be deposited today in an account that earns 3.5% compounded monthly so that it will accumulate to $11,000 in 2 years?

The amount of money that should be deposited is $
(Round up to the nearest cent as needed.)

How much money should be deposited today in an account that earns 35 compounded monthly so that it will accumulate to 11000 in 2 years The amount of money that class=

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