Mathematics, 28.04.2021 21:40 kay4451
Tachelle wants to have $5000 in 4 years to spend on new furniture. How much must she invest today to reach her goal
she is using an account that pays 3.11% interest compounded semiannually?
11. What is the interest rate as a decimal?
A) 3.11
B! 0.311
C00311
D) 0.00311
12 12. What is the value of 'n?
Alna
Bln 2
C4
Dn-12
13 13. What is the Future Value
A) $4419 36
B! $5000
C) 54700.72
D) $3913 49
Answers: 2
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Tachelle wants to have $5000 in 4 years to spend on new furniture. How much must she invest today to...
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