Posted by **G** on Friday, July 16, 2010 at 1:09am.

21. Ogden wants to save for a trip to Australia. She will need $12,000 at the end of four years. She can invest a certain amount at the beginning of each of the next four years in a bank account that will pay her 6.8 percent annually. How much will she have to invest annually to reach her target?

## Answer This Question

## Related Questions

- Business Finance - 21.Ogden wants to save for a trip to Australia. She will need...
- Finance - 23.You plan to save $1,400 for the next four years, beginning now, to ...
- Math - 23.You plan to save $1,400 for the next four years, beginning now, to pay...
- Finance - Solution needed . You need to have $50000 at the end of 10 years .To ...
- Finance - You want to save $200 a month for the next 24 years and hope to earn ...
- Business Math - Jane is having difficulty deciding whether to put her savings in...
- finance - David will retire to Florida in ten years. After he retires, he wants ...
- Finance - Need help finding a formula for: Question: Suppose a bank offers you ...
- Math: Finance - Need help solving these finance questions? PV = C/r PV= C/r-g P...
- Finance - You just turned 50 years old and are planning to retire in 15 years. ...

More Related Questions