Ask Question
3 October, 15:12

William wants to have a total of $8000 in two years so that he can put a hot tub on his deck. He finds an account that pays 5% interest compounded monthly. How much should William put into this account so that he'll have $8000 at the end of two years?

+1
Answers (1)
  1. 3 October, 16:12
    0
    He needs to put 7600
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “William wants to have a total of $8000 in two years so that he can put a hot tub on his deck. He finds an account that pays 5% interest ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers