Ian and april wish to have 8,000 available for the wedding in six years how much money should be set aside now at 6% compounded monthly in order to reach their financial goal

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

substitute in the formula above  

step-by-step explanation:

the true ones are a b and d

step-by-step explanation:

what was your answer?