How much interest do you have to earn to reach your goal


You want to buy a house in 4 years and expect to need $25,000 for a down payment. If you have $15,000 to invest, how much interest do you have to earn (compounded annually) to reach your goal?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: How much interest do you have to earn to reach your goal
Reference No:- TGS0726027

Expected delivery within 24 Hours