much money would you need to deposit today at 9%, annual interest Compounded monthly to have $12000 after 6 years in account​

1 Resposta

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    Resposta:

    $ 7155,64

    Explicação:

    M = C (1+i)^n

    12000 = C (1+0,09)^6

    12000 = C(1,09)^6

    12000 = C.1,677

    C = 12000/1,677

    C = 7155,64

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