Register

How much would you need to deposit in an account now in order to have $2000 in the account in 10 years! Assume the account earns 7% interest compounded monthly

How much would you need to deposit in an account now in order to have $2000 in the account in 10 years! Assume the account earns 7% interest compounded monthly
138k views
25 votes
How much would you need to deposit in an account now in order to have $2000 in the account in 10 years!

Assume the account earns 7% interest compounded monthly

User Neeme Praks
by
8.3k points

1 Answer

1 vote

Answer:

$2000

Explanation:

they gotta take the first bunch then the next

User Mouserat
by
7.8k 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

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?
Link Copied!