SOLUTION: Is it C? I want to check my answer. Topic: Financial Mathematics Jackson wants to have $18,000 available to buy a motorcycle in three years. How much should Jackson save e

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Question 1179984: Is it C? I want to check my answer.
Topic: Financial Mathematics

Jackson wants to have $18,000 available to buy a motorcycle in three years. How much should Jackson save each month if he earns 5% interest, compounded monthly?
The question is provided in the link here: https://i.imgur.com/HkeaBdW.png
Answer by ikleyn(52756) About Me  (Show Source):
You can put this solution on YOUR website!
.

You just have a formula given.

So substitute your data into the formula and calculate.


I wish you to have fun doing your job.