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How much would Carol have to invest today at 5.5% compounded annually to have $5300 for a vacation to China in three years? Select one: a. $5023.70 b. $4513.55 c. $3179.08 d. $4…

How much would Carol have to invest today at 5.5% compounded annually to have $5300 for a vacation to China in three years? Select one: a. $5023.70 b. $4513.55 c. $3179.08 d. $4…
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4 votes
How much would Carol have to invest today at 5.5% compounded annually to have $5300 for a vacation to China in three years?

Select one:

a.
$5023.70

b.
$4513.55

c.
$3179.08

d.
$4768.62

User Jenilyn
by
8.8k points

1 Answer

4 votes
we learn that but forget it
User Tarak
by
8.6k points
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