Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kasha Remsen deposits into their bank account $3,660.00 every quarter for 17 years how much is this investment worth at the end of 17 years?

Kasha Remsen deposits into their bank account $3,660.00 every quarter for 17 years how much is this investment worth at the end of 17 years? Assume an interest rate of 4.00%.

a. $86,732.90

b. $44,526.35

c. $179,950.86

d. $354,003.33

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

How does selection differ from recruitment ?

Answered: 1 week ago