jcollier8278 jcollier8278
  • 18-12-2021
  • Business
contestada

How much would you need to deposit in an account now in order to have $6000 in the account in 15 years

Respuesta :

aananthakrishnan2028
aananthakrishnan2028 aananthakrishnan2028
  • 18-12-2021

Answer:

$400

Explanation:

So we know that is 15 years you will have $6000

so $6000 divided by 15 years.This will bring you how much money you have to deposit each year..

6000/15

400

so..

you will have to deposit $400 every year in 15 years.

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