Determine the periodic deposit. Round up to the nearest dollar. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit: $? at the end of every three...


Determine the periodic deposit. Round up to the<br>nearest dollar. How much of the financial goal comes<br>from deposits and how much comes from interest?<br>Periodic Deposit: $? at the end of every three months<br>Rate: 4.25% compounded quarterly<br>Time: 5 years<br>Financial Goal: $60,000<br>$3226; $32,260 from deposits and $27,740 from<br>interest<br>$2015; $40,300 from deposits and $19,700 from<br>interest<br>$2708; $54,160 from deposits and $5840 from interest<br>$2996; $59,920 from deposits and $80 from interest<br>

Extracted text: Determine the periodic deposit. Round up to the nearest dollar. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit: $? at the end of every three months Rate: 4.25% compounded quarterly Time: 5 years Financial Goal: $60,000 $3226; $32,260 from deposits and $27,740 from interest $2015; $40,300 from deposits and $19,700 from interest $2708; $54,160 from deposits and $5840 from interest $2996; $59,920 from deposits and $80 from interest

Jun 04, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here