Deposits needed to accumulate a future sum Judi Janson wishes to accumulate $8,000 by the end of 5 years by making equal
Posted: Tue Nov 16, 2021 8:45 am
Deposits needed to accumulate a future sum Judi Janson wishes to
accumulate $8,000 by the end of 5 years by making equal, annual,
end-of-year deposits over the next 5 years. If Judi can earn 7% on
her investments, how much must she deposit at the end of each year
to meet this goal?
accumulate $8,000 by the end of 5 years by making equal, annual,
end-of-year deposits over the next 5 years. If Judi can earn 7% on
her investments, how much must she deposit at the end of each year
to meet this goal?