Invested in a mutual fund and at the end of 20 years he has $14,300 in his account. if the mutual fund returned an average yield of 8%, how much did he originally invest

He originally invested  $3,068.04

Step-by-step explanation:

This question is basically asking for  Present value (PV) of one-time cashflow.

Present value formula ; PV =

$14,300 received 20 years from today is a future value so that will be your FV.

FV= 14300

t = 20 years

rate ;r = 8% or 0.08 as a decimal

PV =

PV=14,300 /4.66095714

PV= 3,068.03937

Therefore he originally invested  $3,068.04

343t464564435rri76i6u

step-by-step explanation:

because i said it is

connie < felicia < stew

step-by-step explanation:

stew:

we need to find the slope

m = (y2-y1)/ (x2-x1)

    = (2650-795)/(10-3)

    = 1855/7

265 words per minute

connie:

we need to find the slope

m = (y2-y1)/ (x2-x1)

we have two points (0,0) and (4,800)

m = (800-0)/(4-0)

  m = 800/4

    200 words per minute

felicia:

260 words per minute

200< 260 < 265

connie < felicia < stew