Kenneth needs $5,000 for university in 5 years. His parents plan to invest some money in an account paying interest at a rate of 7.2% per annum, compounded monthly. How much should they invest now to have $5,000 in 5 years.

let's solve your equation step-by-step.

24−3x=−27

step 1: simplify both sides of the equation.

24−3x=−27

24+−3x=−27

−3x+24=−27

step 2: subtract 24 from both sides.

−3x+24−24=−27−24

−3x=−51

step 3: divide both sides by -3.

−3x

−3

=

−51

−3

x=17

answer:

x=17

step-by-step explanation:

mark brainliest and have a great day!

i think the amount would be $140.62