Asked by gaye
will need 3000 for a down payment on house in 10 years. account earns 6% compounded monthly, how much needs to be deposited now to reach that goal?
Answers
Answered by
Steve
A(1+.06/12)^(12*10) = 3000
Now just solve for A
Now just solve for A
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.