Question Juliette Bronson anticipates needing $620,000 to start a business. If she can earn 4.2 percent compounded annually on her investments, how much money would Juliette have to invest today to have $620,000 in 3 years?
Question
Juliette Bronson anticipates needing $620,000 to start a business. If she can earn 4.2 percent compounded annually
on her investments, how much money would Juliette have to invest today to have $620,000 in 3 years?