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

/in /by

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.

Answer A. $2551

Answer B. $2881

Answer C. $3527

Answer D. $2552

 
Looking for a similar assignment? Our writers will offer you original work free from plagiarism. We follow the assignment instructions to the letter and always deliver on time. Be assured of a quality paper that will raise your grade. Order now and Get a 15% Discount! Use Coupon Code "Newclient"