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Suppose you need $12,000 in 3 years. How much must you invest per month in order to have 12,000 if the annual rate is 6\% compounded monthly?

Suppose you need $12,000 in 3 years. How much must you invest per month in order to have 12,000 if the annual rate is 6\% compounded monthly?
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Suppose you need $12,000 in 3 years. How much must you invest per month in order to have 12,000 if the annual rate is 6\% compounded monthly?

asked
User Stefan Bollmann
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8.1k points

1 Answer

3 votes

56 dudgdhdvev3uzjeux

answered
User Jukzi
by
8.1k points
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