jacquelinebalderas85
jacquelinebalderas85 jacquelinebalderas85
  • 13-01-2021
  • Mathematics
contestada

2. i. Mr. h. wants to save $80,000 for his son to go to
Stanford. How much money at 5% interest does he need
to invest if he has 10 years (compounded monthly)?
ii. How much money per month would he have to invest to
reach the same goal?

Respuesta :

jazzyhumes242 jazzyhumes242
  • 14-01-2021

Step-by-step explanation:

$80,000×5×10/100= 40,000

Answer Link

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