hunteromo1721 hunteromo1721
  • 22-03-2024
  • Business
contestada

Given a nominal interest rate of 1.0% compounded quarterly, determine the starting principal required to produce an accumulated amount of $15000 after 10 years. Round your answer to the nearest dollar,
a. $10000,
b. $11000,
c. $12000,
d. $13000

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