Afiqah A.

asked • 12/08/20

Help me solve this problem

Jasmine wants to go to a university to complete a course in four years’ time. She estimates that she needs $40,000 to finish the course. How much must she invested in a bank every month for the next four years at 9% compounded monthly to accumulate the stated amounts? How much interest she earned?    

1 Expert Answer


Jason M. answered • 12/16/20

5 (20)

Corporate Banking Analyst with degree in Finance & Data Analytics

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