Question:

A company will need 50 000 in 6 years for a new addition To

Last updated: 6/23/2023

A company will need 50 000 in 6 years for a new addition To

A company will need 50 000 in 6 years for a new addition To meet this goal the company deposits money in an account today that pays 9 annual interest compounded quarterly Find the amount that should be invested to total 50 000 in 6 years The company should invest Do not round until the final answer Then round to the nearest dollar as needed GILD