Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

Henry Bautista needs $29,700 in 8 years. Click here to view factor tables What amount must he invest today if his investment earns 12% compounded

Please show me how to complete this. thank you. they use the factor tables that can be found anywhere

Henry Bautista needs $29,700 in 8 years. Click here to view factor tables What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12%annual interest compounded quarterly? (Round factor values to 5 decimal places, e.g. 1.25.124 and final answers to 0 decimal places, e.g. 458,581.) Investment at 12% annual interest $ Investment at 12% annual interest, compounded quarterly $
Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question