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You are planning to buy a house in eight years. Approximately how much do you need to deposit today to have a $10,000 down payment if your investment will make 5%? *.677 A)$6,77…

You are planning to buy a house in eight years. Approximately how much do you need to deposit today to have a $10,000 down payment if your investment will make 5%? *.677 A)$6,77…
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You are planning to buy a house in eight years. Approximately how much do you need to deposit today to have a $10,000 down payment if your investment will make 5%? *.677

A)$6,770

B) $6,590

C) $7,470

D) $9,400

E) $10,000

asked
User Dorian
by
7.8k points

1 Answer

3 votes

Answer:

the answer is B

Step-by-step explanation:

answered
User TurtleToes
by
8.0k points
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