s24400750 s24400750

09-04-2021
Mathematics

contestada

You need at least $48,000 in two years. If you earn 4.8% compounded annually, how much principle do you need to invest?

Respuesta :

magicparkour325 magicparkour325

09-04-2021

Answer:

488305

Step-by-step explanation:

100 plus 4.8 percent then add 4.8 percent gets you 109.83

then apply 9.83 percent to random numbers in a calculator

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