emotionlesssoulsx emotionlesssoulsx

25-03-2021
Mathematics

contestada

John is saving for his son's college education. If the savings account earns 3% interest compounded monthly, and he wants to have $60,000 in 10 years, what must the principal be? Round your answer to the nearest dollar.

Respuesta :

huynhthiendy huynhthiendy

21-06-2022

Answer:

44466

Step-by-step explanation:

Use the compound interest formula and substitute the values

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