Complete the table to determine the amount of money P that should be invested at rater to produce a final balance of $120,000 in t years. (Round your answers to two decimal places.) r = 8%, compounded daily t 1 10 O tA 30 $ $ tA 20 $ $ tA tA 40 $ 50 $ LA P

Complete the table to determine the amount of money P that should be invested at rater to produce a final balance of $120,000 in t years. (Round your answers to two decimal places.) r = 8%, compounded daily t 1 10 O tA 30 $ $ tA 20 $ $ tA tA 40 $ 50 $ LA P

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 20E

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Question

Answer the question

Complete the table to determine the amount of money P that should be invested at rater to produce a final balance of
$120,000 in t years. (Round your answers to two decimal places.)
r = 8%, compounded daily
t
1
10
O
tA
30
$
$
tA
20 $
$
tA
40 $
50 $
LA
P

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