Question
You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today.
You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% annual interest and compounded quarterly. How much will you have just after you make the 3rd deposit, 3 years from now?
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Marketing For Small B2b Businesses
Authors: Andrew Schulkind
1st Edition
1484287436, 978-1484287439
