Question
Suppose you need $4000 in 5 years, you can afford to make a deposit of $676 starting today and every year for 5 years. How
Suppose you need $4000 in 5 years, you can afford to make a deposit of $676 starting today and every year for 5 years. How much interest does your investment need to pay for you to meet your goal?
*Enter the value of the interest rate without % sign
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
