If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $12,000 after 3½

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answerhappygod
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If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $12,000 after 3½

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If An Investment Can Earn 4 Compounded Monthly What Amount Must You Invest Now In Order To Accumulate 12 000 After 3 1
If An Investment Can Earn 4 Compounded Monthly What Amount Must You Invest Now In Order To Accumulate 12 000 After 3 1 (37.11 KiB) Viewed 11 times
If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $12,000 after 3½ years? O $10,434.73 $17,391.21 $15,652.09 O $12,173.85 O $13,912.97 None of the answers is correct * 1 point
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