Answer:4
Step-by-step explanation:
hoped this helped
I believe the answer is A 3^7
Answer:
Becky graduated with a master degree in Personal Financial Planning. After working two years in a small financial planning firm, Becky earns $60,000 annually and saves $10,000 a year. What is her average propensity to consume?a.16.7%b.25.5%c.75.7%d.83.3%e.95.5%14. Which of the following goals is stated in a way that is most useful for developing a financial plan?
Step-by-step explanation:
Answer:
30
Step-by-step explanation:
Answer:
P = $2448.89
P ~= $2,449
He need to deposit $2,449
Step-by-step explanation:
Given:
Interest rate r= 7% = 0.07
Number of years n = 3 years
Future value that should be meet A = $3000
We need to calculate the initial investment (Principal P). Using the compound interest formula:
A = P(1+r)^n
P = A/(1+r)^n
Substituting the values of A, r, n, we have;
P = 3000/(1+0.07)^3
P = $2448.89
P ~= $2,449