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Author Question: Joe expects to receive a gift of $1,000 when he graduates one year from today. Joe can invest his ... (Read 95 times)

tatyanajohnson

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Joe expects to receive a gift of $1,000 when he graduates one year from today. Joe can invest his gift at 6% compounded annually and he would like to use the funds in four years to purchase an engagement ring for Mabel. How much will he have in four years to spend on a ring?
◦ $1,191.02
◦ $1,180.00
◦ $1,200.00
◦ $1,262.48
◦ $1,175.00


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Marked as best answer by tatyanajohnson on Apr 25, 2021

Harbringer

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tatyanajohnson

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Reply 2 on: Apr 25, 2021
Wow, this really help


Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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