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a. In order to have $18,000 in 5 years. you should deposit $ each period. (Do not round until the ﬁnal answer. Then round up to the next dollar.) 5? at the end of every three months 7.25% compounded quarterly 5 Yeats b. $ oflhe $18.000 comes from your deposits and $ comes from interest. $18,000 (Use the answer from part a to find this answer. Round to the nearesl dollar as needed.) a. Determine the periodic deposit. b. How much of the ﬁnancial goal comes from deposits and how much comes from interest?

July 30, 2019/in Questions Uploads /by admin

a. In order to have $18,000 in 5 years. you should deposit $ each period.
(Do not round until the ﬁnal answer. Then round up to the next dollar.) 5? at the end of every three months 7.25% compounded quarterly
5 Yeats b. $ oflhe $18.000 comes from your deposits and $ comes from interest.
$18,000 (Use the answer from part a to find this answer. Round to the nearesl dollar as needed.) a. Determine the periodic deposit. b. How much of the ﬁnancial goal comes from deposits and how much comes from interest?