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borteleto borteleto
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5 years ago
How much money do I need to place into a bank account that pays a 1.08% rate in order to have $500 at the end of 7 years?
A) $332.54
B) $751.81
C) $463.78
D) $629.51
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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guzmanguzman
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borteleto Author
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#2
5 years ago
Appreciate the effort you put into answering, thank you!
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#3
5 years ago
You're very welcome
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