Compute the amount of money to be set aside today to ensure a future value of $2,300 in 1 year if the interest rate is 6.5% annually, compounded annually.
the amount of money to be set aside is $ . (round to the nearest cent as needed.)

2159.62

Step-by-step explanation:

Given that future value of 2300 dollars after a period of 1 year

Interest rate =6.5%

Period = 1 year

Compounded = annually

Hence we have the final value as

step-by-step explanation:

consider an orange peel: if you want to try and lay it flat, you have to stretch it, we know exactly how things are being stretched or squashed at any given point. we have many different map projections because each has different patterns of some projections can even preserve certain features of the earth without

y-y1=m(x-x1)

y-1=1(x-8)