Friday
March 27, 2015

Homework Help: Business Math

Posted by Tee on Thursday, June 27, 2013 at 10:25pm.

Bob and Joy Salkind want to save $50,000 in 5 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?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

business math - 13. Bob and Joy Salkind want to save $50,000 in 5 years for ...
math - Bob and Joy Salkind want to save $50,000 in 5 years for home ...
contemporary math - Bob and Joy Salkind want to save $50,000 in 5 years for ...
Mathematics and investment - 1. Angelo wants to renovate his house in 3 years. ...
Math - A $20,000 deposit was placed in a bank paying 5.75% interest compounded ...
Math - Find how much interest $25,000 earns in 4 years in a certificate of ...
Math - Find how much interest $15,000 earns in 4 years in a certificate of ...
Math - Serena wants to borrow $15 000 and pay it back in 10 years. Interest ...
math - Jim wants to deposit money in an account to save for a new stereo system ...
Finance - Bob Bryan made deposits of $10,000 at the end of each quarter to Lion ...

Members