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August 23, 2014

August 23, 2014

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

- math: reply asap -
**Ms. Sue**, Sunday, May 27, 2012 at 5:02pmPlease 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 6:41pmi 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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