expand icon
book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

النسخة 7الرقم المعياري الدولي: 978-1285448596
book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

النسخة 7الرقم المعياري الدولي: 978-1285448596
تمرين 100
Solve the following word problems by using Table 11-2.
Stuart Daniels estimates that he will need $25,000 to set up a small business in 7 years.
a. How much must Stuart invest now at 8% interest compounded quarterly to achieve his goal?
b. How much compound interest will he earn on the investment?
التوضيح
موثّق
like image
like image

Following information is given:
Compoun...

close menu
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
cross icon