Register
A company will need 50,000 in 7 years for a new addition. To meet this goal a company deposits money in an account today that pays 6% annual interest compound quarterly. Find the amount that should be
148k views
3 votes
A company will need 50,000 in 7 years for a new addition. To meet this goal a company deposits money in an account today that pays 6% annual interest compound quarterly. Find the amount that should be invested to total 50,000 in 7 years.

User Alfreema
by
7.6k points

1 Answer

4 votes
This is what I get. hope it helps.
A company will need 50,000 in 7 years for a new addition. To meet this goal a company-example-1
User SAPLogix
by
7.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.7m questions

11.3m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
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
Link Copied!