Tuesday
October 21, 2014

Homework Help: Business math

Posted by Geia on Tuesday, December 10, 2013 at 8:17pm.

Jimmy wants to buy a jeep in 5 years. If his bank pays 12% interest compounded annually, what must jimmy deposit today to have 15,000 in 5 years?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Business Math and Statistics - You deposit $1,000 for 4 years at an interest ...
Algebra - Greta invests $10,000 in an investment that pays 3% interest, ...
Business Math - Pete Air wants to buy a used Jeep in 5 years. He estimates the ...
Math - How much must you deposit in an account that pays 6% semi-annual interest...
Compound interest - Hello My teacher skipped over this and I have no clue how to...
Math - If a nurse deposits $2,000 today in a bank account and the interest is ...
Math - (a) Themba wants to deposit a sum of money into a savings account so that...
Applied Business Math - Michelle needs to save $7,000 for school in the next two...
Business - Envision you have served as business manager for over two years. you ...
Math - I really need some help with this one. Envision that you have served as ...

Search
Members