SOLUTION: You wish to have $23,000 in 8 years. Use Table 11-2 to create a new table factor, and then find how much you should invest now (in $) at 6% interest, compounded quarterly in order
Algebra ->
Finance
-> SOLUTION: You wish to have $23,000 in 8 years. Use Table 11-2 to create a new table factor, and then find how much you should invest now (in $) at 6% interest, compounded quarterly in order
Log On
Question 1172587: You wish to have $23,000 in 8 years. Use Table 11-2 to create a new table factor, and then find how much you should invest now (in $) at 6% interest, compounded quarterly in order to have $23,000, 8 years from now. (Round your answer to the nearest cent.) Answer by Solver92311(821) (Show Source):
Ok, I'll just go look through my library of every mathematics book ever published to find a table 11-2 that might have some relationship to the rest of this question.
Did you read this question before you posted it? Are you capable of using your head for something more useful than a hat rack?
John
My calculator said it, I believe it, that settles it
From
I > Ø
