It’s great how’s your day
Go to goggle and copy it
s
Answer:
$7,359.65
Step-by-step explanation:
The computation of the amount that to be deposited is shown below:
Here we have to calculate the present value
As we know that
Present value = future value ÷(1+ rate of interest)^years
where,
rate of interest = 12.2% ÷ 4 = 3.05%
And, the years is = 5 × 4 = 20
Now the present value is
= $13,422 ÷ (1+ 3.05%)^20
= $7,359.65
Cz I secretly enter this site
Non of my family knows
Cz they are over protective lol
Only a cousin know
That's why l can't pay to comment
It's sad life bro
