lameboy2
Answered

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If you need $25,000 eight years from now, what is the minimum amount of money you need to deposit
into a bank account that pays an annual percentage rate (APR) of 5% that is compounded-
a. once a year?
Please Help me on this ! ( don’t send links)

If You Need 25000 Eight Years From Now What Is The Minimum Amount Of Money You Need To Deposit Into A Bank Account That Pays An Annual Percentage Rate APR Of 5 class=

Sagot :

About half of that because 8 x
12
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