How much should you deposit in an account earning 3


You just inherited $12,000. While you plan to squander some of it away, how much should you deposit in an account earning 3% interest per year if you'd like to have $20,000 in the account in 20 years?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: How much should you deposit in an account earning 3
Reference No:- TGS02407190

Expected delivery within 24 Hours