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Posted on Sep 08, 2024

You need $ 5 8 0 0 0 on March 1 5 , 2 0 2 4 . How much do you need to deposit

You need $

58000

on March

15, 2024 .

How much do you need to deposit each quarter in an account earning

10.25 %

compounded quarterly if the first deposit is made on June

15, 2014

and the last deposit is made on December

15, 2023 ?

Note: you must be within $

5

of the correct answer.

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