Question
HELPING MARIO SAVE FOR A CAR Mario wants to buy a $20,000 car in 2 years from today. He plans to open a bank account
HELPING MARIO SAVE FOR A CAR Mario wants to buy a $20,000 car in 2 years from today. He plans to open a bank account and to deposit $X today and $X in one year. Balances in the account will earn 8% per annum. How much does Mario need to deposit so that he has $20,000 in 2 years? Solve with Excel GOAL SEEK
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Financial Statements
Authors: Inc. BarCharts
1st Edition
1423223837, 978-1423223832
