Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. victoria is going to invest into an account that p

Victoria is going to invest into an account that pays 9% compounded daily. How much...

70.2K

Verified Solution

Question

Algebra

image

Victoria is going to invest into an account that pays 9% compounded daily. How much would Victoria need to invest, to the nearest dollar, for the value to account to reach $580 in 6 years?(a)$338.02(b)$3(c)$338(d)$2.64

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Victoria is going to invest into an account that pays 9% compounded daily. How much would Victoria need to invest, to the nearest dollar, for the value to account to reach $580 in 6 years?(a)$338.02(b)$3(c)$338(d)$2.64

Other questions asked by students

Q

Myles Houck holds 700 shares of Lubbock Gas and Light. He bought the stock several years...

Finance
Q

1. What should an attorney for the defendant do when the defendant in a criminal case...

Psychology
Q

Sunny Ltd., a hand sanitizer manufacturer, has prepared its financial statements for the year ended at...

Accounting
Q

Based on this picture and your own knowledge which retaller first Introduced and profited from...

Biology
Q

There is a stream of radioactive sample with velocity of 8 x 103 m s...

Physics
Q

dry a 10 2 26 Two copper wires of length 1 and 2 have radii...

Physics
Q

Q2 If the net electric flux through a closed surface is zero then we can...

Physics
Q

5 of radius r around the earth of mass M has ing in a circular...

Physics
Q

Question 4 1 point What is the equation of the line that is perpendicular to...

Geometry
Q

do it asap 1. During the financial crisis and afterwards gold prices skyrocketed. Discuss...

Accounting
Q

Bill has a friend who stole a significant sum of money from his employer this...

Accounting
Q

Which of the following accounts can be classified as a real account? A. Rent...

Accounting