Question
You are preparing to make monthly payments of $500, starting from the end of this month, into an account that pays 8 percent interest (APR).
You are preparing to make monthly payments of $500, starting from the end of this month, into an account that pays 8 percent interest (APR). How many years of payments will you have made when your account balance reaches $9,312?
| 17.61 | ||
| 59.24 | ||
| 28.66 | ||
| 1.47 | ||
| 15.23 |
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
