Frazier Bush
06/09/2024 · Middle School
How much money should you invest today into an account that earns an annual interest rate of \( 6 \% \) compounded monthly to have \( \$ 13,000 \) in 4 years? (Round your answer to two decimal places.) \( \$ \) Need Help? Readit
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Invest approximately \( \$10,232.12 \) today to have \( \$13,000 \) in 4 years with a 6% annual interest rate compounded monthly.
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