You want to start saving up for a trip to Europe after you graduate from CSM in two years. Your goal is to save $3000, so you

Question

You want to start saving up for a trip to Europe after you graduate from CSM in two
years. Your goal is to save $3000, so you decide to start a savings account that earns
2.5% interest compounded quarterly. How much should you deposit each quarter to
meet your goal?
$233.38
$600.00
$366.87
$122.03

Kunduz · Accepted Answer

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