Determine the amount needed to invest over 8 years, if the interest to be earned is $68.32 at the rate is 9.5%

zapri4j

zapri4j

Answered question

2022-09-25

Determine the amount needed to invest over 8 years, if the interest to be earned is $68.32 at the rate is 9.5%

Answer & Explanation

devilvunga

devilvunga

Beginner2022-09-26Added 14 answers

Rate = 9.5%
Times = 8 year
interest = $68.32
Let amount = x
= 6832 76 x = 89.89

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