keeperlyrical53 keeperlyrical53
  • 26-04-2024
  • Mathematics
Answered

You would like to have $100,000.00 in a savings account after 35 years. Your savings account has a 7.75% interest rate, compounded monthly. How much must you
deposit in that
account
now
to reach your goal?
0000
$5,584.65
$5,692.24
$7,385.84
$6,695.21



Answer :

ariel91889
ariel91889 ariel91889
  • 26-04-2024
the answer would be $7,385.84 (C)
Answer Link

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