Mathematics, 16.01.2020 10:31 tinydesb
Jane wishes to have 20,000 available at the end of 10 years so she deposit money into an account that pays 1.14% compounded monthly how much does she need to deposit in order to meet this goal?
Answers: 2
 
 
 
 ![P=\$20,000/[(1+\frac{0.0114}{12})^{120}]](/tpl/images/0457/6257/9fa39.png)
 
 
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Jane wishes to have 20,000 available at the end of 10 years so she deposit money into an account tha...
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