1. A rate of 6% compounded monthly is guaranteed for 5 years. How much must be invested to yield $3500?

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answerhappygod
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1. A rate of 6% compounded monthly is guaranteed for 5 years. How much must be invested to yield $3500?

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1. A rate of 6% compounded monthly is guaranteed for 5 years.How much must be invested to yield $3500?
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