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A company will need 50,000 in 7 years for a new addition. To meet this goal a company deposits money in an account today that pays 6% annual interest compound quarterly. Find th…

A company will need 50,000 in 7 years for a new addition. To meet this goal a company deposits money in an account today that pays 6% annual interest compound quarterly. Find th…
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A company will need 50,000 in 7 years for a new addition. To meet this goal a company deposits money in an account today that pays 6% annual interest compound quarterly. Find the amount that should be invested to total 50,000 in 7 years.

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User Alfreema
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1 Answer

4 votes
This is what I get. hope it helps.
A company will need 50,000 in 7 years for a new addition. To meet this goal a company-example-1
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User SAPLogix
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8.2k points
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