232k views
5 votes
James wants to set aside money each month to save for a down payment on a new home. How much will James need to save each month if he wants to have $30,000 in three years and can earn a 6% interest rate that compounds monthly

User Anglinb
by
7.7k points

2 Answers

2 votes

Answer:3.80000000000

Explanation:

User Dmitriy Tarasov
by
8.6k points
2 votes

Answer:

$763

Explanation:

i got it right on my test

User Idjaw
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories