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 $...
 Algebra: Statistics  Five years ago, you bought a house for $151,000, with a ...
 math  Scott and Jen are looking at a house listed for 189000 dollars. They will...
 Math 104  Five years ago, you bought a house for $171,000. You had a down ...
 Real Estate Finance  The mortgage company requires a down payment of $11,500 on...
 MATH  Five years ago, you bought a house for $151,000, with a down payment of $...
 Math  Shantle and Kwamie are planning to buy their first home. Although they ...
 Math  I want to buy a house in 5 years. I need to have a down payment of $50,...
 math  Ever wonder how much a house “actually” costs? Consider Alex and Sabrina ...
 Math  The Robinsons decide they would rather purchase the $85,000 home. Their ...
More Related Questions