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v I Periodic $? at the end of every three monihs a. In order to have $20,000 in 7 years, you should deposit $ each period. DEPOS“ (Do not round until the ﬁnal answer. Then round up to the next dollar.) Rate 7% compounded quarterly Time 7 years b. $LJ of the $20,000 comes from your deposits and $ comes from interest. Financial Goal $20900 (Use the answer from pan a to find ihis answer. Round to the nearest dollar as needed.) 3. Determine the periodic deposit. 11. How much of the financial goal comes from deposits and how much comes from interest?

July 30, 2019/in Questions Uploads /by admin

v I Periodic $? at the end of every three monihs a. In order to have $20,000 in 7 years, you should deposit $ each period. DEPOS“ (Do not round until the ﬁnal answer. Then round up to the next dollar.) Rate 7% compounded quarterly Time 7 years b. $LJ of the $20,000 comes from your deposits and $ comes from interest.
Financial Goal $20900 (Use the answer from pan a to find ihis answer. Round to the nearest dollar as needed.)
3. Determine the periodic deposit. 11. How much of the financial goal comes from deposits and how much comes from interest?