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21. If Maria saves $300 every month for 2 years, find the present value of her investment assuming 12% annual interest r
Posted: Tue Jul 12, 2022 12:06 pm
by answerhappygod
- 21 If Maria Saves 300 Every Month For 2 Years Find The Present Value Of Her Investment Assuming 12 Annual Interest R 1 (18.02 KiB) Viewed 29 times
21. If Maria saves $300 every month for 2 years, find the present value of her investment assuming 12% annual interest rate, compounded monthly. Using the Present Value of Ordinary Annuity Table, the correct factor for 1% interest and 24 months is 21.24339. 85,674.18 $6,373.02 $3,376.52 $2,124.34