SOLUTION: John will require $3000 in 6 months to pay off a loan that has no prepayment priviledges. If he has the $3000 now, how much of it should he save in an account paying 3% compounded

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: John will require $3000 in 6 months to pay off a loan that has no prepayment priviledges. If he has the $3000 now, how much of it should he save in an account paying 3% compounded       Log On