What deposit today is required for it to be worth $191,000 in 23 years if...
90.2K
Verified Solution
Link Copied!
Question
Accounting
What deposit today is required for it to be worth $191,000 in 23 years if the deposit earns 3 percent annual compound interest? $ 376955 Round your answer to a whole number. The tolerance is +/- 1
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!
