Mathematics, 20.01.2021 22:30 brooklyn4932

Trevor is saving for a down payment to buy a house. The account earns 11.2% interest compounded monthly, and he wants to have $14,000 in 7 years. What must his principal be? Round your answer to the nearest cent and do not include the dollar sign. Do not round at any other point in the solving process; only round your answer.

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Trevor is saving for a down payment to buy a house. The account earns 11.2% interest compounded mont...

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