Chat with AI
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 96
Greg and Verena Sava need $20,000 in 3 years to expand their goat cheese business. The Bank of Sutton is offering a 3-year CD paying 3.9% compounded monthly. How much should they invest now to achieve their goal Round to the nearest whole dollar.
Explanation
Verified
Verified
Given,
The compound amount is $20,000
Ti...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
