Your company has decided that it will need $10,000 in 4 years to replace office equipment. You invest in a fund that pays 2..25% per year. How much do you need to put into this account every month to have enough money at the end of the 4 years?
$198.91
$199.29
$200.00
$208.33

Question

06-10-2022
Mathematics

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Your company has decided that it will need $10,000 in 4 years to replace office equipment. You invest in a fund that pays 2..25% per year. How much do you need to put into this account every month to have enough money at the end of the 4 years?
$198.91
$199.29
$200.00
$208.33

Sagot :

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