question archive ou are hoping to buy a new boat 3 years from now and you plan to save $4,200 (forty two hundred) per year, beginning one year from today
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ou are hoping to buy a new boat 3 years from now
and you plan to save $4,200 (forty two hundred) per year, beginning one year from today.
You will deposit your savings in an account that pays 5.2% (five point two percent) interest.
HOW MUCH WILL YOU HAVE JUST AFTER YOU MAKE THE 3RD DEPOSIT, 3 YEARS FROM NOW?
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