SOLUTION: How much should be invested now at 2.6% compounded semiannually to have $37000 in 10 years?
Algebra
->
Finance
-> SOLUTION: How much should be invested now at 2.6% compounded semiannually to have $37000 in 10 years?
Log On
Algebra in Finance
Algebra
Solvers
Solvers
Lessons
Lessons
Answers archive
Answers
Click here to see ALL problems on Finance
Question 1181326
:
How much should be invested now at 2.6% compounded semiannually to have $37000 in 10 years?
Answer by
ikleyn(52890)
(
Show Source
):
You can
put this solution on YOUR website!
.
Go to the lesson
-
Compounded interest percentage problems
in this site.
Find the full theory and TWINS solved problems to yours.
Consider them as your TEMPLATES.
Having these templates in front of you, solve your problem in the same way.
After reading this lesson, you will tackle such problems on your own without asking for help from outside.