Anita sets a goal to have $100,000 in her account when she turns 40. What amount of money should she invest now at an APR of 4% compounded monthly to reach her goal if she is 22 this year? Round your answer to the nearest cent., This answer has not been graded yet. Account When she turns.40...What amount of money should s Submit Answer

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 21E
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Question
PALL
account.when she turns.40...What amount of money should s
Anita sets a goal to have $100,000 in her account when she turns 40. What
amount of money should she invest now at an APR of 4% compounded monthly
to reach her goal if she is 22 this year? Round your answer to the nearest cent.,
1000
225
H
667
FRE
Submit Answer
$164
This answer has not been graded yet.
2
FRE
(3
it
42
**
THERE
HEHEHEHEHE
WHEN HE
Transcribed Image Text:PALL account.when she turns.40...What amount of money should s Anita sets a goal to have $100,000 in her account when she turns 40. What amount of money should she invest now at an APR of 4% compounded monthly to reach her goal if she is 22 this year? Round your answer to the nearest cent., 1000 225 H 667 FRE Submit Answer $164 This answer has not been graded yet. 2 FRE (3 it 42 ** THERE HEHEHEHEHE WHEN HE
PALL
account.when she turns.40...What amount of money should s
Anita sets a goal to have $100,000 in her account when she turns 40. What
amount of money should she invest now at an APR of 4% compounded monthly
to reach her goal if she is 22 this year? Round your answer to the nearest cent.,
1000
225
H
667
FRE
Submit Answer
$164
This answer has not been graded yet.
2
FRE
(3
it
42
**
THERE
HEHEHEHEHE
WHEN HE
Transcribed Image Text:PALL account.when she turns.40...What amount of money should s Anita sets a goal to have $100,000 in her account when she turns 40. What amount of money should she invest now at an APR of 4% compounded monthly to reach her goal if she is 22 this year? Round your answer to the nearest cent., 1000 225 H 667 FRE Submit Answer $164 This answer has not been graded yet. 2 FRE (3 it 42 ** THERE HEHEHEHEHE WHEN HE
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