3 years ago

How much would Carol have to invest today at 6.2% compounded annually to have $4600 for a vacation to China in two years?

1 answer:

5 0

4600=P(1.062)²
P=4078.58
Carol would have to invest $4078.58 today to reach the desired goal. ☺☺☺☺

You might be interested in

AnnyKZ [126]

Answer:

11 dimes and 4 nickles

Step-by-step explanation:

8 0

3 years ago

exis [7]

So justsubsitue 3 for n
5(3)+2
15+2
17
answer is 17

3 0

4 years ago

Rainbow [258]

Answer:

$84mm^{2}$

I think this is true

7 0

3 years ago

xenn [34]

The difference would be:

1,517.

8 0

3 years ago

Ratling [72]

What exactly are you trying to find but I tried to do the problem and I got 3

6 0

3 years ago