question archive How much would you need to deposit in an account now in order to have $3000 in the account in 5 years? Assume the account earns 5% interest compounded monthly

How much would you need to deposit in an account now in order to have $3000 in the account in 5 years? Assume the account earns 5% interest compounded monthly

Subject:MathPrice: Bought3

How much would you need to deposit in an account now in order to have

$3000 in the account in 5 years? Assume the account earns 5% interest compounded monthly.
$_______________

pur-new-sol

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