(Get Answer) – You Want To Have 3000 In Your Bank Account After 5 Years How Much Should You Deposit Into A Bank Account That Pays 3 25 Interest Compounded Quarterly Round To The Nearest Dollar
You want to have $3000 in your bank account after 5 years. How muchshould you deposit into a bank account that pays 3.25% interestcompounded quarterly? Round to the nearest dollar.
Answer A. $2551
Answer B. $2881
Answer C. $3527
Answer D. $2552