Tera N.

asked • 07/18/19

Investment and compounding help

jane roznowski wants to invest some money now to buy a new tractor in the future. if she wants to have ​$350,000 available in 3 ​years, how much does she need to invest now in a cd paying 4.55​% interest compounded monthly​?

1 Expert Answer


Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.


Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.