Register
Select the correct answer. To have $25.000 to spend on a new car in five years, how much money should fill invest today at 8% compounded monthly?
62.2k views
19 votes
Select the correct answer.

To have $25.000 to spend on a new car in five years, how much money should fill invest today at 8% compounded monthly?

User Kirby
by
7.6k points

1 Answer

11 votes

Answer:

$16,780

Explanation:

User HamSh
by
6.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.0m questions

10.7m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!