Question
If you make two equal deposits
now and 5 years from now into an account
that pays interest at a rate of 4% compounded annually. IF the goal; is to have $12,000 in the account 12 years from now, what should each of the deposits be? .
now and 5 years from now into an account
that pays interest at a rate of 4% compounded annually. IF the goal; is to have $12,000 in the account 12 years from now, what should each of the deposits be? .