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You want to save up $5,100 to buy new kitchen cabinets. You want to pay in cash, so you make quarterly deposits into a s
Posted: Wed Jul 06, 2022 11:50 am
by answerhappygod
- You Want To Save Up 5 100 To Buy New Kitchen Cabinets You Want To Pay In Cash So You Make Quarterly Deposits Into A S 1 (41.11 KiB) Viewed 12 times
You want to save up $5,100 to buy new kitchen cabinets. You want to pay in cash, so you make quarterly deposits into a savings account earning 5.5% APR, compounded quarterly. How much (in dollars) do your quarterly deposits need to be in order to save up the $5,100 in three years? (Round your answer to the nearest cent.) $147.54 X