Question: please help me with this problem Your goal is to have $15,000 in your bank account by the end of four years. If the interest
please help me with this problem
Your goal is to have $15,000 in your bank account by the end of four years. If the interest rate remains constant at 4% and you want to make annual identical deposits, how much will you need to deposit in your account at the end of each year to reach your goal? Aa $3, 532.32 $3, 885.55 $4, 238.78 $2, 825.86 If your deposits were made at the beginning of each year rather than an at the end, by how much would the amount of your deposit change if you still wanted to reach your goal by the end of four years? $169.83 $183.41 $101.90 $135.86
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
