alexismarlin0 alexismarlin0

12-05-2020
Mathematics

contestada

Sarah wants to have $10,000 in 6 years. She plans to invest $1,200 to start and make yearly payments of $1,200 to the account at the beginning of each year. She will be receiving 5.6% interest compounded quarterly on her investment. Will she reach her goal?

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dojed16873 dojed16873

12-05-2020

Answer:

Yes Sarah will reach her goal she'll have 10,414.58 by the end of the 6 years,

Step-by-step explanation:

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