Question 1083133
al wishes to save for a boat in 4 years. if he can invest $430 each month into an account earning 7.2%/ compounded monthly. how much could he spend on a boat after 4 years?
<pre>Correct answer: In 4 years, he'll have: {{{highlight_green("$23,837.05")}}}
IGNORE all other RIDICULOUS and/or NONSENSICAL answers!
I would love to invest $430 per month and accumulate over $95,000 after 4 years! That'd be a pretty hefty interest rate I'd be getting!