kayla253783 kayla253783
  • 14-03-2021
  • Mathematics
contestada

3. If an investment company pays 6% compounded semiannually, how much should you deposit
now to have $10,000 5 years from now?

Respuesta :

Aduiel55
Aduiel55 Aduiel55
  • 14-03-2021

Answer:

$9,287.67

Step-by-step explanation:

Number of years 5

Interest per pd 3%

FV 10,000

Calculator.net has a financial calculator that will greatly help you

Answer Link

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