If you want to have $15,000 in 3 years, how much do you need to put in

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If you want to have $15,000 in 3 years, how much do you need to put in a savings account today that pays 5% compounded annually?

$17,364.38

$12,957.56

Related Book For answer-question

Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Posted Date: Feb 11, 2022 01:36 AM

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If you want to have $15,000 in 3 years, how much do you need to put in

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Fundamentals of Engineering Economics

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