subject
Mathematics, 26.04.2021 02:40 tonya3498

Mark needs $26,700 to purchase a boat. How much money will he need to invest today in a savings account earning 4.6% interest, compounding quarterly, to have enough money to purchase the boat in 12 years? (2 points) $3,083.12

$15,422.28

$22,220.50

$25,266.90
The correct answer is $15,422.28, I just need the work to solve it. Can anyone help me please?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Martin likes to make flower bouquets that have 3 daffodils and 4 tulips per vase. a daffodil has a mass of d grams, a tulip has a mass of t grams, and the vase has a mass of u grams. the expression 5(3d + 4t + v) describes the mass of 5 bouquets. match each amount in the situation with the expression that represents it. situation expression number of bouquets mass of one bouquet mass of the tulips in one bouquet 4t mass of the daffodils in one bouquet 3d + 4t + v
Answers: 2
question
Mathematics, 21.06.2019 17:00
Can someone answer this question? : )
Answers: 1
question
Mathematics, 21.06.2019 17:30
Is trapezoid abdc the result of a dilation of trapezoid mnpq by a scale factor of ? why or why not? yes, because ab and cd are each the lengths mn and qp. yes, because sides ab and cd are parallel to sides mn and qp. no, because ab is the length mn but cd is the length qp. no, because sides ab and cd have different slopes from sides mn and qp.
Answers: 1
question
Mathematics, 21.06.2019 18:00
Which represents the solution set of the inequality 5x-9 < 21? a. x < 12/5 b. x > 12/5 c. x > 6 d. x < 6
Answers: 2
You know the right answer?
Mark needs $26,700 to purchase a boat. How much money will he need to invest today in a savings acco...
Questions
question
Mathematics, 24.06.2019 23:30
question
History, 24.06.2019 23:30
question
Mathematics, 24.06.2019 23:30