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Suppose you found an investment that earns 6.0% each year. Suppose you invest 12,000 dollars today. Suppose you also invest 23,000 dollars at the end
Suppose you found an investment that earns 6.0% each year. Suppose you invest 12,000 dollars today. Suppose you also invest 23,000 dollars at the end of year two. How many dollars will you have at the end of year five? A Between 39,000 and 42,000 B Between 42,000 and 44,300 C Between 44,300 and 46,400 D Between 46,400 and 50,000 Set up a table showing that story 3 works. How much interest would you earn the last year? A Between 1,000 and 2,500 B Between 2,500 and 2,900 C Between 2,900 and 3,300 D Between 3,300 and 3,700
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