Betty wants to have 15000 in six years betty can earn 12, Financial Accounting

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Betty wants to have 15000 in six years betty can earn 12

Betty wants to have $15,000 in six years. Betty can earn 12% interest, compounded semi-annually on funds she deposits in the bank. Calculate the amount Betty must deposit today in order to have $15,000 in six years. Do not use decimlas in your answer.

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Financial Accounting: Betty wants to have 15000 in six years betty can earn 12

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Financial Accounting: Betty wants to have 15000 in six years betty can earn 12

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