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Use this to find what principal amount P David invested at a 5 rate for 12 yr if A 7000. Round your answer to the nearest cent P.
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Round Your Answer To The Nearest Cent P.
Determine the principal that must be invested at rate r compounded monthly so that will be available for retirement in t years. Determine the principal P that must be invested at rate r 7 compounded monthly so that 500000 will be available for retirement in t 19 years. A P 1 rt is used to find the principal amount P deposited earning r interest for t years. Determine the principal P that must be invested at interest rate r compounded continuously so that 1000000 will be available for retirement in t years. Aak Your Determine the principal P that must be i for retirement in t 11 years. Determine the principal P that must be invested at rate r 7 compounded monthly so that 500000 will be available for retir ement in t 19 years.
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