347,430 views
34 votes
34 votes
James and Susan wish to have $10,000 available for their wedding in 2 years.

How much money should they set aside now at 6% compounded monthly in
order to reach their financial goal?

User Silvio Lucas
by
3.1k points

1 Answer

8 votes
8 votes

They need to set aside $8871.86

User Anton Hughes
by
3.2k points