Posted by Tee on .
Bob and Joy Salkind want to save $50,000 in 5 ½ years for home improvement projects. If the Bank of Aventura is paying 8% interest compounded quarterly, how much must the couple deposit now to have the money for the projects?
Business Math - Enough! -
Please do not post any more questions until you've gone back and explained what you don't understand in the previous questions.
Business Math -
Ms. Sue Please don't post on the question unless you intend to HELP. Don't need the answer just asking for help with the equation, Thank You!!