Solve the problem. Round to the nearest cent.
Mrs. Stevens wants to have $18,000 in the bank i...
Mathematics, 01.04.2020 01:03 ashiteru123
Solve the problem. Round to the nearest cent.
Mrs. Stevens wants to have $18,000 in the bank in 3 years. If she deposits $9500 today at 4% compounded quarterly for 3
years, how much additional money will she need to add after three years to her investment to make her balance $18000?
a $8356.79
C. $7295.16
b. SO
d. $10.704.84
Answers: 2
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