If an amount P is to be invested at an annual interest rate of 3.5 percent, compounded quarterly, what should be the value of P

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问题 If an amount P is to be invested at an annual interest rate of 3.5 percent, compounded quarterly, what should be the value of P so that the value of the investment is $1,000 at the end of 3 years? Give your answer to the nearest dollar.

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答案901

解析 将以上信息代入复利公式,可以得到方程:
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本试题收录于: GRE QUANTITATIVE题库GRE分类
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