paigedice1539 paigedice1539
  • 11-01-2024
  • Business
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Sam wants to have $14,000 in 4 years. Calculate how much he should invest now at 6% interest, compounded monthly in order to reach this goal.

a. $13,612.84
b. $13,458.64
c. $10,541.36
d. $11,019.54

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