How much must be deposited today into the following account in order to have $ 45 comma 000$45,000 in 66 years for a down payment on a house? Assume no additional deposits are made.
An account with annual compounding and an APR of 77%
Question content area bottom
Part 1
$enter your response here should be deposited today.

Question

08-07-2024
Mathematics

Answered

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How much must be deposited today into the following account in order to have $ 45 comma 000$45,000 in 66 years for a down payment on a house? Assume no additional deposits are made.
An account with annual compounding and an APR of 77%
Question content area bottom
Part 1
$enter your response here should be deposited today.

Sagot :

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