Suppose that someone wants to earn $3,626 in 5 years in an account that as an annual rate of 3.2% compounded quarterly.
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Suppose that someone wants to earn $3,626 in 5 years in an account that as an annual rate of 3.2% compounded quarterly.
Suppose that someone wants to earn $3,626 in 5 years in an account that as an annual rate of 3.2% compounded quarterly. How much should be invested? (round up to 2 decimal places) Your Answer: Answer
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!