Math Question Help Needed

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

In 6 years you are going to need $1000. How much will you need to invest today at 7% in order to save the money you need?

Jun 5th, 2015

Thank you for the opportunity to help you with your question!

 you need, 0.93*1000/6= 155

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 5th, 2015

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Jun 5th, 2015
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Jun 5th, 2015
Oct 22nd, 2017
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