You want to have $258,479 in 13 years

jagguarpaw January 23, 2017 0 Comments

Question: If you want to have $258,479 in 13 years, how much…

If you want to have $258,479 in 13 years, how much money should you put in a savings account today? Assume that the savings account pays 3 percent and that it is compounded annually.