Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Anonymous
Anonymous asked in Business & FinancePersonal Finance · 1 week ago

Math help?

Ms. Singh wants to invest money today to have $1000 in 6 years. If she invests her money at 5.75% per year, compounded quarterly, how much does she need to invest?

1 Answer

Relevance
  • fcas80
    Lv 7
    1 week ago

    1000/(1 + .0575/4)^(6*4) = 709.96

Still have questions? Get answers by asking now.