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Author Question: Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with ... (Read 89 times)

mcmcdaniel

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on: Jul 9, 2019
Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with an EAR of 7.5%. If this account pays interest every month then how much should he save from each monthly paycheck in order to have $10,000 in the account in two years' time?
◦ $388
◦ $161
◦ $166
◦ $4818
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Marked as best answer by mcmcdaniel on Jul 9, 2019

bassamabas

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Reply #1 on: Jul 9, 2019
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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mcmcdaniel

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Reply #2 on: Jul 9, 2019
TY


bassamabas

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Reply #3 on: Jul 9, 2019
You're welcome


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