dpaul3153 dpaul3153
  • 01-01-2024
  • Mathematics
contestada

Corey was saving for his son's college education. If the savings account earns 2.8% interest compounded monthly and he wants to save $25,000 in eight years, what must the principal be?

A. $18,332.45
B. $21,876.54
C. $20,047.12
D. $22,153.78

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