1.	At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house.  He expects to earn 8%—compounded monthly—on his investments over the next 8 years.  How much would your friend have to put in his investment account each month to reach his goal? | eBooks | Education

1. At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house. He expects to earn 8%—compounded monthly—on his investments over the next 8 years. How much would you...

1. At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house. He expects to earn 8%—compounded monthly—on his investments over the next 8 years. How much would you... PLDZ-5939
In Stock
$ 15.00 USD
Buy and Download   > Description
  1. At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house.  He expects to earn 8%—compounded monthly—on his investments over the next 8 years.  How much would your friend have to put in his investment account each month to reach his goal? 

  http://issuu.com/lucky269/docs/uoptutorial.docx

 

 

(a)  $188

(b)   $374

(c)   $392

(d)  $521

At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house. He expects to earn 8%—compounded monthly—on his investments over the next 8 years. How much would your friend have to put in his investment ac
Recent Reviews Write a Review
0 0 0 0 reviews