Please help. I am doing some homework and I am stuck?
person a wants to have 5000 in an investment acct two years from now. The acct is gonna pay 0.6A% interest. If person A saves money every month,starting a month from now, how much will she have to save each month?? please explain how I figure this out. I have a financial calculator and I seem to be way off. I got 4000 something as an answer for PV (present Value)..Thanks..
Public Comments
- wow...way to confusing
