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Mathematics, 25.02.2021 01:10 Akmmy

Determine the principal P that must be invested at rate r = 31%, compounded monthly, so that $700,000 will be available for retirement in t = 15 years. (Round your answer to the nearest cent.)

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Determine the principal P that must be invested at rate r = 31%, compounded monthly, so that $700,00...

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