Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. poonam wants to invest in an account today to have

Poonam wants to invest in an account today to have 4000 at the end of...

70.2K

Verified Solution

Question

Basic Math

image

Poonam wants to invest in an account today to have 4000 at the end of 8 years If she can invest at 4 25 compounded semi annually how much does she need to invest A 2867 16 B 2055 15 C 3380 68 D 2857 24

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

Advance Math
1.2K views

Suppose A is an mxn matrix of real numbers and x in an nx1 column vector. a.)...

General Management
1.2K views

Introduction Aaron and Dee are the two newest US-based coordinators hired by the Academic Leadership Center (ALC)...

Biology
1.2K views

A/An anatomical structure is one that is present in...

Calculus
1.2K views

The surface of an island is defined by the following function over the region on...

Calculus
1.2K views

Use the method of cylindrical shells to find the volume V generated by rotating the...

Accounting
1.2K views

Tarea Depreciacin Equipment was purchased for $70,468. The equipment is...

Accounting
1.2K views

An investor has asked for your help with the following time value of...

Accounting
1.2K views

Equivalent Units and Related Costs; Cost of Production Report; Entries Wilmington Chemical Company manufactures specialty...

Accounting
1.2K views

BE19.9(LO 5) Duster Corporation is a private company with a defined benefit pension plan....

Accounting
1.2K views

Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows:...

Finance
1.2K views

I need help with this problem thank you Nolan Walker decided to...

Finance
1.2K views

Weyerhaeuser Incorporated has a balance sheet that lists $96 million in assets, $58 million in...