Mark knows that he will need to buy a new car in 5 years. The car will cost $15,000 by then. How much should he invest now at 8%
, compounded quarterly, so that he will have enough to buy a new car?
1 answer:
X - initial investment
8% - annual rate
x·=15,000,
so x = 10094.54
ANSWER: $10,094.57
You might be interested in
Hello.
Have a beautiful and joyful day ahead.
Answer:
WHEN SIMPLIFIED THE ANSWER WILL BE:
Step-by-step explanation:
(X)/(2(X+4)
Answer:
2000 Pounds
Step-by-step explanation:
There are 2000 pounds in a US ton.
There are 2240 pounds in an Imperial ton.
There are 2204.62 pounds in a metric ton.
Answer:
Its Mai
Step-by-step explanation:
I promise I know why
Answer:
Step-by-step explanation:
224-146=78
