gabe9512 gabe9512

16-01-2020
Mathematics

contestada

Select the correct answe
future values*(1+)
"present value""P" (141
Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year?
A
$10,431.63
B. $9.841.16
C. $7,353.88

Respuesta :

nganlef nganlef

16-01-2020

9,841.16x1.06^16= 25000.00739
B is the correct answer

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iammaria7785 iammaria7785

16-01-2020

b. is the correct answer

Answer Link

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