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 th…

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 th…
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
8.0k 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
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
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

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
Link Copied!