16. Future Value. How much will you have in 36 months if you invest $75...

90.2K

Verified Solution

Question

Finance

image
16. Future Value. How much will you have in 36 months if you invest $75 a month at 10% annual interest? In 36 months, you will have $ (Use your financial calculator and round to the nearest cent) 10: Calculation Although the result the calculator returns may be a negative number, the amount should be stated as a positive value

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students