Register

To have 50,000 in 5 years, how much should you invest if the compound interest is 5%?​

To have 50,000 in 5 years, how much should you invest if the compound interest is 5%?​
asked 161k views
14 votes
To have 50,000 in 5 years, how much should you invest if the compound interest is 5%?​

asked
User Arabia
by
8.0k points

1 Answer

6 votes

ANSWER

47,500

STEP BY STEP:

answered
User Karl Von Moor
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!