A = 5000$
r = .04 (04%=.04)
t = 3 (in years)
5000 = p(1 + .04*3)
do algebra
Allie R.
asked • 04/09/20How much money should you invest?
How much money should you invest at 4% simple interest so that it is worth $5000 at the end of three years. Round your answer to the nearest cent.
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