Question
You want to deposit sufficient money today into a savings account so that you will have $1,000 in the account three years from today. Compute
You want to deposit sufficient money today into a savings account so that you will have $1,000 in the account three years from today. Compute the difference between the amount of money you should deposit today if you could earn 3.5 percent interest and the amount of money you should deposit today if you could earn 3 percent interest.
| $5.00 | ||
| $13.42 | ||
| $15.00 | ||
| $15.99 | ||
| $50.00 |
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A Fast And Frugal Finance
Authors: William P. Forbes, Aloysius Igboekwu, Shabnam Mousavi
1st Edition
0128124954, 978-0128124956
