Your goal is to accumulate in 4 years $5,000. What will be your end of month monthly payment need to be to reach this goal if the monthly compounded interest you earn is:
A) 2%
B) 4%
C) 6%
Use your financial calculator.

Question

Quizplus · Accepted Answer

The Answer of Your goal is to accumulate in 4 years $5,000. What will be your end of month monthly payment need to be to reach this goal if the monthly compounded interest you earn is:
A) 2%
B) 4%
C) 6%
Use your financial calculator.

Your Goal Is to Accumulate in 4 Years $5,000