Mathematics
Mathematics, 25.03.2021 06:20, vickygloom

John is saving for his son's college education. If the savings account earns 3% interest compounded monthly, and he wants to have $60,000 in 10 years, what must the principal be? Round your answer to the nearest dollar.

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John is saving for his son's college education. If the savings account earns 3% interest compounded...

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