Mathematics, 02.09.2019 10:30, kashbaby

Money is invested into an account earning 4.25% interest compounded annually. if the accumulated value after 18 years will be $25,000, approximately how much money is presently in the account?
a.
$5,875
b.
$11,820
c.
$19,125
d.
$23,960

Answers: 1

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Money is invested into an account earning 4.25% interest compounded annually. if the accumulated val...