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What capital (C) must be invested for 10 months (n) and remunerated at the rate (i) of 15% per month...
5 months ago
Q:
What capital (C) must be invested for 10 months (n) and remunerated at the rate (i) of 15% per month will generate the amount (M) of R$ 13,050.00?
Accepted Solution
A:
$$ A=\frac{13050}{\left(1+\frac{0.15}{12}\right)^{10}}=11525.51 $$