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James wants to set aside money each month to save for a down payment on a new home. How much will James need to save each month if he wants to have $30,000 in three years and ca…

James wants to set aside money each month to save for a down payment on a new home. How much will James need to save each month if he wants to have $30,000 in three years and ca…
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James wants to set aside money each month to save for a down payment on a new home. How much will James need to save each month if he wants to have $30,000 in three years and can earn a 6% interest rate that compounds monthly

asked
User Anglinb
by
7.7k points

2 Answers

2 votes

Answer:3.80000000000

Explanation:

answered
User Dmitriy Tarasov
by
8.6k points
2 votes

Answer:

$763

Explanation:

i got it right on my test

answered
User Idjaw
by
8.4k points
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