Mathematics
Mathematics, 01.03.2021 01:40, ehejndjed

Cory is saving for his son's college education. If the savings account earns 2.8% interest compounded monthly, and he wants to have $25,000 in 18 years, what must the principal be? Round to the nearest cent. Do NOT round until the final answer.

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Cory is saving for his son's college education. If the savings account earns 2.8% interest compounde...

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