2ryw5b72z4 2ryw5b72z4
  • 29-04-2024
  • Mathematics
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Find how much money needs to be deposited now into an account to obtain $700 (Future Value) in 10 years
if the interest rate is 2% per year compounded monthly (12 times per year).
The final amount is $
Round your answer to 2 decimal places
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