If a bank pays 2% compounded quarterly, how much should be deposited now to have $10,000

Chapter 6, Problem 50

(choose chapter or problem)

If a bank pays 2% compounded quarterly, how much should be deposited now to have $10,000 (a) 5 years later? (b) 10 years later?

Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.

Becoming a subscriber
Or look for another answer

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back