You have 30000 in an account earning 4 annual interest
You have $30,000 in an account earning 4% annual interest compounded monthly. You will need $40,000 to buy your dream truck. About how long until you can buy your truck?
A. n = 40.45 years
B. n = 10.83 years
C. n = 7.33 years
D. n = 5.27 years
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you deposit 225 into an account which pays 65 per year for two years however the rate of interest drops to 35
you need to borrow 22000 to purchase a new truck the current loan rate is 77 compounded monthly you decide you want to
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you have 30000 in an account earning 4 annual interest compounded monthly you will need 40000 to buy your dream truck
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