Posted by **maame** on Sunday, May 27, 2012 at 4:51pm.

Betsy inherits 1500 and would like to put some of it away for a down payment on a house in 8 years. if she would like to have 25000 for the down payment, how much of her inheritance must she invest at 9.2% a compounded quarterly

- math: reply asap -
**Ms. Sue**, Sunday, May 27, 2012 at 5:02pm
Please tell me where to invest at a 9.2% apr rate -- much less where it's compounded quarterly.

- math: reply asap -
**Maame**, Sunday, May 27, 2012 at 6:41pm
i don't know , but here is the question again.

Betsy inherits $15 000 and would like to put some of it away for a down

payment on a house in 8 years. If she would like to have $25 000 for the

down payment, how much of her inheritance must she invest at 9.2%/a

compounded quarterly?

## Answer this Question

## Related Questions

- MATH - Five years ago, you bought a house for $151,000, with a down payment of $...
- math - Scott and Jen are looking at a house listed for 189000 dollars. They will...
- Algebra: Statistics - Five years ago, you bought a house for $151,000, with a ...
- MATH - Five years ago, you bought a house for $151,000, with a down payment of $...
- Math 104 - Five years ago, you bought a house for $171,000. You had a down ...
- Trig - I was doing this problem sin^-1 (4/5) if I'm not mistaking most teachers ...
- Accounting - A woman would like to open a store in 8 years. She figures she will...
- Real Estate Finance - The mortgage company requires a down payment of $11,500 on...
- Math - Shantle and Kwamie are planning to buy their first home. Although they ...
- FINANCE - Sir wants to save money to meet 3 goals. He would like to retire 30 ...