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explain please, with financial calculator Aristotle plans to save for a down payment on a house he will buy 8 years later. He will be

image text in transcribed explain please, with financial calculator
Aristotle plans to save for a down payment on a house he will buy 8 years later. He will be able to invest 107,9 tuuay wram equity fund that will pay him an interest rate of 7 percent, compounded quarterly. If his target down payment, which is due 8 years later, is $189,791, will he be able to meet his target at the end of 8 years? Maybe No Yes

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