Mr. Johnson wants to use the interest from his High Savings Account to buy his next TV. The TV will cost $900. He would like his investment to grow over for two and a half years. If he has a rate of 3.5%, how much will he need to invest in order to cover the cost of the TV?

Question

03-12-2022
Mathematics

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Mr. Johnson wants to use the interest from his High Savings Account to buy his next TV. The TV will cost $900. He would like his investment to grow over for two and a half years. If he has a rate of 3.5%, how much will he need to invest in order to cover the cost of the TV?

Sagot :

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Mr. Johnson wants to use the interest from his High Savings Account to buy his next TV. The TV will cost $900. He would like his investment to grow over for two and a half years. If he has a rate of 3.5%, how much will he need to invest in order to cover the cost of the TV?

Sagot :

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