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

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**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?

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