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Surwatullah is starting university in 3 years and would like to have $4000 when he starts. He has $3000 to invest now, and his bank pays 5% compounded quarterly. Will he have enough?
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Jul 16, 2023
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Surwatullah is starting university in 3 years and would like to have $4000 when he starts. He has $3000 to invest now, and his bank pays 5% compounded quarterly. Will he have enough?
Mathematics
college
Mark Lakewood
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Answer:
Answer found by the following formula/e: CI = A – P
Chokrijobs
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Jul 20, 2023
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