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OpenStudy (shaniehh):
Please help How much money should be invested now (rounded to the nearest cent), called the initial investment, in a Government Bond investment that yields 7% per year, compounded monthly for 10 years, if you wish it to be worth $25,000 after 10 years?
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OpenStudy (shaniehh):
OpenStudy (shaniehh):
A.$12,708.73 B.$2,675.00 C.$12,439.91 D.$50,241.53
OpenStudy (shaniehh):
@nincompoop @dan815
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