Mathematics, 17.09.2021 17:50, kathrynpuppies201716

James wants to have earned $8,613 amount of interest in 24 years. Currently he finds that his annual interest rate is 8.63%. Calculate how much money James needs to invest as his principal in order to achieve this goal. Round answers to the nearest hundredth (two decimal places). The answer will not have a dollar sign, and be rounded to the nearest cent.

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James wants to have earned $8,613 amount of interest in 24 years. Currently he finds that his annual...