11.0k views
2 votes
Tim Taylor received a $500 gift from his grandparents. He wants to invest this money for the down payment of a house that he plans to purchase in 3 years. What type of computation should he use?

User JD Smith
by
7.8k points

1 Answer

5 votes

Answer:

the correct answer is

Future value of a single amount

good luck

User Alexakarpov
by
7.7k points
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