A community for students.
Here's the question you clicked on:
← 55 members online
 0 viewing
anonymous
 one year ago
I was wondering if you can help my with this math problem In 12 years you want to have $230,000 to buy a house. You find a savings account that has an interest rate of 3.75% compounded monthly. How much do you need to deposit each month in order to have $230,000 in 12 years?
anonymous
 one year ago
I was wondering if you can help my with this math problem In 12 years you want to have $230,000 to buy a house. You find a savings account that has an interest rate of 3.75% compounded monthly. How much do you need to deposit each month in order to have $230,000 in 12 years?

This Question is Open
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.