Question
Marcus by Goldman Sachs offers high-yield savings accounts and certificates of deposit. On their website,www.marcus.com(Links to an external site.) they currently have a 6-year certificate
Marcus by Goldman Sachs offers high-yield savings accounts and certificates of deposit. On their website,www.marcus.com(Links to an external site.) they currently have a 6-year certificate of deposit paying .70% annually. Using the compound interest formula, how much would you have to invest today in order to have an account balance of 5,000 in 6 years?If necessary, round your final answer to two decimal places.
(question 31)
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Investments An Introduction
Authors: Herbert B. Mayo
12th edition
1305638417, 978-1337430937, 1337430935, 978-1305638419
