financial problem , help please ?

financial problem please help !

Pete Morton is planning to go to graduate school in a program of study that will take three years. Pete wants to have $10,000 available each year for various school and living expenses.

If he earns 4 percent on his money, how much must he deposit at the start of his studies to be able to withdraw $10,000 a year for three years?

Please enter comments
Please enter your name.
Please enter the correct email address.
You must agree before submitting.

Answers & Comments

Helpful Social

Copyright © 2024 Q2A.ES - All rights reserved.