Question

Sam needs to have $200 in two years. The interest earned on the account is 4%...

Sam needs to have $200 in two years. The interest earned on the account is 4% , compounded annually. How much does he need to invest today?

Can you show it on calculator/Financial calculator.

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Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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