Miguel needs 34,100 purchase a boat. How much money will he need to invest today in a savings account earning 4.1% interest, compounded quarterly, to have enough money to purchase the boat in 16 years?

asked Sep 15, 2021 201k views

4 votes

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5 votes

Answer:

17,754.46

Explanation:

Puravidaso answered Sep 19, 2021

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