Register
Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year? $10,431.63 $9,841.16 $7,353.88
46.5k views
1 vote
Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year?

$10,431.63
$9,841.16
$7,353.88

User Redzo
by
7.3k points

2 Answers

0 votes

Answer:

$9,841.16

Step-by-step explanation:

Edmentum

User Eric Scrivner
by
7.4k points
7 votes
$9,841.16 is the answer
User NgLover
by
6.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.5m questions

11.2m answers

Other Questions

What are three ways water erodes the surface of earth
How have computers changed mapmaking in recent years
How does weathering affect Plateaus?
what is the outlet of a river called
An example of a stateless nation in the middle east is provided by who?
Link Copied!