Mathematics, 20.07.2021 23:40 jessd18

How much money should be deposited today in an account that earns 7.5% compounded monthly so that it will accumulate to $12,000 in three years? The amount of money that should be deposited is $ (Round up to the nearest cent.)

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How much money should be deposited today in an account that earns 7.5% compounded monthly so that it will accumulate to $12,000 in three years? The amount of money that should be deposited is $ (Round up to the nearest cent.)​

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Another question on Mathematics

How much money should be deposited today in an account that earns 7.5% compounded monthly so that it will accumulate to $12,000 in three years? The amount of money that should be deposited is $ (Round up to the nearest cent.)