Inez wants to have $14,750 in 4 years. Use the present value formula to calculate how much Inez should invest now at 8% interest, compounded quarterly in order to reach her goal. A. $10,030.00B. $10,722.08 C. $10,744.58D. $10,841.69
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Inez wants to have $14,750 in 4 years. Use the present value formula to calculate how much Inez should invest now at 8% interest, compounded quarterly in order to reach her goal.
A. $10,030.00
B. $10,722.08
C. $10,744.58
D. $10,841.69
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