You would like to have $25,000 in 5 years from today. How much must you deposit today into a bank account earning 2% per

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You would like to have $25,000 in 5 years from today. How much must you deposit today into a bank account earning 2% per

Post by answerhappygod »

You would like to have $25,000 in 5 years from today. How much
must you deposit today into a bank account earning 2% per year in
order to reach your goal? Round to the nearest whole
number.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply