Mathematics, 11.01.2021 18:50 doritasanchez

Luke is going to invest in an account paying an interest rate of 5.9% compounded daily. How much would Luke need to invest, to the nearest cent, for the value of the
account to reach $114,000 in 19 years?

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Luke is going to invest in an account paying an interest rate of 5.9% compounded daily. How much would Luke need to invest, to the nearest cent, for the value of the account to reach $114,000 in 19 years?

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Another question on Mathematics

Luke is going to invest in an account paying an interest rate of 5.9% compounded daily. How much would Luke need to invest, to the nearest cent, for the value of the
account to reach $114,000 in 19 years?